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06/17/2014
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06/17/2014
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Last modified
2/5/2020 11:18:44 AM
Creation date
3/23/2016 8:48:11 AM
Metadata
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Template:
Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
06/17/2014
Meeting Body
Board of County Commissioners
Book and Page
144
Supplemental fields
FilePath
H:\Indian River\Network Files\SL00000D\S0003VR.tif
SmeadsoftID
13708
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42, <br /> ry <br /> Indian River County <br /> Group Life and LTD RFP - 2014034 <br /> Grandfathered Optional Life <br /> Proposal Review <br /> Standard Insurance <br /> Company Current Standard Insurance <br /> Plan Company Symetra Mutual of Omaha Minnesota Life Florida Combined CIGNA Hartford <br /> Per Schedule On Per Schedule On Per Schedule On Per Schedule On Per Schedule On Per Schedule On Per Schedule On Per Schedule On <br /> Life Amount File/Census File/Census File/Census File/Census File/Census <br /> File/Census File/Census File/Census <br /> Age Reductions 50%at age 70 50%at age 70 50%at age 70 50%at age 70 50%at age 70 50%at age 70 50%at age 70 50%at age 70 <br /> Guaranteed Issue ! Current Amount Current Amount Current Amount Current Amount Current Amount Current Amount Current Amount Current Amount <br /> Suicide Exclusion ;Yes-2 Year Lookback Yes-2 Year Lookback Yes_2 Year Lookback Yes-2 Year Lookback Yes-2 Year Lookback:Yes-1 Year Lookback Yes-2 Year Lookback Yes-2 Year Lookback <br /> Conversion i Yes- Yes Yes Yes Yes Yes Yes Yes <br /> Portability Yes Yes No Yes Yes Yes Yes Yes <br /> 75%to$250,000 If <br /> Living Benefit 75%to$525,000 75%to$525,000 No 75%to$37.5,000 100% Under Age 70 75Y.to$S25,000 80%to$500,000 <br /> If Under Age 65 then If Under Age 65 then If Under Age 65 then If Under Age 65 then If Under Age 65 then If Under Age 60 then If Under Age 60 then If Under Age 60 then <br /> Waiver of Premium To Age 70 To Age 70 To Age 70 To Age 70 To Age 70 To Age 65 To Age 70 To Age 70 <br /> Rates Per 1,000 <br /> Grandfathered <br /> Optional Life $ 0.380 $ 0.380 $ 0.380 $ 0.380 $ 0.380 $ 0.440 $ 0.380 $ 0.380 <br /> Grandfathered <br /> Optional AD&D $ 0.040; $ 0.030 $ 0.030 $ 0.040 $ 0.040 $ 0.050: $ 0.040; $ 0.040 <br /> Total $ 0.4201 $ 0.410 $ 0.410 $ 0.420 $ 0.420' $ 0.490; $ 0.420, $ 0.420 <br /> Rate Guarantee NA 3 Years 3 Years 3 Years 3 Years 2 Years 3 Years 2 Years <br /> Class 1 All Other Active Members <br /> Class 2 Active Paramedics <br />
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