Passaic Board of Education Agenda Packet 2026-06-23
Madison Life awarded long-term disability benefits contract
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Description
The Board approved long-term disability coverage purchases from Madison Life Insurance in an amount not to exceed $460,000.00. This provides long-term disability benefits to eligible district employees.
Contract Details
Contract Amount
Not to exceed $460,000.00
Vendor
MADISON LIFE INSURANCE
Agency
Passaic City School District, NJ
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
Not specified; long-term disability plan year covering 2026-2027 (implied)
Renewal Date
2027-06-30
Renewal Info
Covers a defined coverage period; renewal terms must be negotiated and reapproved in future years.
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