GUARDIAN SHORT-TERM DISABILITY (STD) RATE CHART
AND HOW TO CALCULATE PREMIUM
Guardian STD Rates
CURRENT AGE BAND
EMPLOYEE RATE PER $10 OF WEEKLY COVERED BENEFIT VOLUME
Option 1
50% coverage
Option 2
60% coverage
Less than 25
$0.33
$0.34
25-29
$0.45
$0.47
30-34
$0.62
$0.65
35-39
$0.45
$0.47
40-44
$0.32
$0.33
45-49
$0.34
$0.35
50-54
$0.38
$0.40
55-59
$0.45
$0.47
60 and over
$0.53
$0.55
1. Take your annual salary and divide by 52 (weeks). This is your weekly salary.
2. Multiply this number by either .50 or .60 depending on which option you wish to elect
(option 1 for 50% coverage or option 2 for 60% coverage).
3. I
f the result of # 2 is greater than $1,500 (maximum weekly benefit), then use $1,500. If
not, use the number you calculated for # 2.
4. T
ake the result of #3 and round to the nearest dollar.
5. T
ake the result of #4 and divide by 10.
6. Fi
nd your rate based on your age band and option selection in the table above.
7. M
ultiply the result of #5 by the rate based on your age band. This is your monthly
premium.
8. M
ultiply the result of #7 x 12 (calendar months in a year). This is your annual premium.
9. Divide the result of #8 by 26. This is your biweekly premium.
