Town of Clarksburg Group Insurance Benefit Options 2026-07-01
Colonial proposes basic life and AD&D coverage
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Description
The Town of Clarksburg received a proposal from Colonial for basic group life and AD&D coverage for active employees and retirees with a 2-year rate guarantee effective July 1, 2026. The estimated annual premium based on current census is $1,850.17.
Contract Details
Contract Amount
Estimated annual premium $1,850.17 (basic life and AD&D census-based)
Vendor
COLONIAL
Agency
Town of Clarksburg, MA
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
2-year rate guarantee starting July 1, 2026
Renewal Date
2028-07-01
Renewal Info
Rates guaranteed for 2 years from July 1, 2026; renewal or marketing would typically be required prior to July 1, 2028.
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