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Elk River Municipal Utilities <br />Cost Summary <br />June 1, 2007 <br /> Current Proposed Alternative <br /> Principal Assurant $25 Ded <br />Estimated Premium Current Renewal <br />Life/AD&D $847.05 $847.05 $686.34 <br />LTD* $1,653.03 $1,505.73 $1,178.40 <br />Dental $2,791.20 $2,930.78 $2,465.67 <br />Combined Monthly $5,291.27 $5,283.55 $4,330.41 <br />Combined Annual $63,495.26 $63,402.63 $51,964.86 <br />$ Difference From Current ($93) ($11,530) <br />Difference From Current -0.15% -18.16% <br />LTD* This is the taxable premium, where tax is paid upfront by the employee. Then, when one is disabled, <br />the taxes are not withheld out of the payments. The tax is based on the rate of $.72 for every one hundred <br />dollars of salary. For example, $50,000 annual salary would be paying tax on 50,000/100'`.72, or $360 (or <br />$13.85 per pay period.) <br />David Martin Agency, Inc. <br />Total wDental 07 \ Total wDental <br />04/26/07 <br />