A quick look at the Open Enrollment stuff shows $1M of extra coverage for a non-tobacco 36 year old male to be $24.50/mo, which comes out to just shy of $300/year. Any opinions on this option versus something like a level term policy (ends up being around $350/yr). How much can I expect the $24.50 to go up year over year? Is the company insurance a decent deal, or does it get exponentially more expensive over time?

Thanks.

edit: Nevermind. That's $24.50 per pay period. Big difference.