Town Continues Group Life and AD&D Insurance Policy
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Description
The Town of Clarksburg maintains Group Policy #175523 with Standard Insurance Company to provide $10,000 in basic life insurance and matching accidental death and dismemberment coverage for eligible employees, effective July 1, 2026. The Town pays the full cost of this group insurance, which includes additional benefits such as portability, waiver of premium, and travel assistance.
Contract Details
Vendor
STANDARD INSURANCE COMPANY
Agency
Town of Clarksburg, MA
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
Effective Date July 1, 2026 (group basic life and AD&D policy)
Renewal Info
Policy is effective July 1, 2026; renewal, cost increases, amendments, or cancellation may occur as allowed by the group policy provisions between The Standard and the Town of Clarksburg. Specific renewal cycle is not stated in the document.
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