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RESOURCES: Table I Rates

The Table I Rates are used by the federal government to measure the taxable value of any excess group term insurance received by employees from their employers. The rates are expressed in one-month costs per $1,000 of insurance for five-year age brackets. The employee’s age for purposes of Table I is his/her attained age on the last day of the tax year.

TABLE I RATES PER $1,000 OF GROUP TERM LIFE INSURANCE PROTECTION 

Age Bracket  Rate per $1,000 per 
One-Month Period of Group Term Life Insurance Coverage Provided  
Under 25 0.05
25 to 29 0.06
30 to 34 0.08
35 to 39 0.09
40 to 44 0.10
45 to 49 0.15
50 to 54 0.23
55 to 59 0.43
60 to 64 0.66
65 to 69 1.27
70 and Over 2.06