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Life Insurance Comparisons The following comparisons are based upon a monthly wage of $900. After participating in a particular plan from age 30 to 50, the pilot dies. Commercial ALPA Annual cost. (1/2 by pilot $1675.50 $1674.00 and 1/2 by his airline) Total value to pilot's estate. $50,000 $5580* *If a widow exists, but no children under age 21 exist, she will receive an $81.00 monthly annuity beginning at age 60 which has a value of $10,869. Thus the payment under the ALPA plan might possibly total $16,449. If the pilot dies at age 32 rather than at age 50, the value to his estate would be: Commercial $50,000 ALPA $ 558** **The widow's monthly annuity would be $68.85 after age 60. This might possibly increase the total payment under the ALPA plan to $9798. If the pilot dies at age 32 leaving a widow with two children, age 5 and 7, the value of his estate will be: ALPA $ 0 Lump sum paid upon death of the pilot. $28,917 Annuity ($160.65) until both children are age 21. $ 0 Annuity from time children are 21 until widow is age 60. $ 9,240 Annuity ($68.85) after widow is age 60. ------- $38,157 Total estate value. Commercial $50,000 Total estate value. In each case the widow loses her ALPA annuity if she remarries; Commercial policies would not be effected by her marital status.