Colonial proposes voluntary critical illness coverage
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Description
Colonial has proposed voluntary critical illness coverage for Town of Clarksburg employees with benefits up to $50,000 and a $50 annual wellness incentive per insured. The coverage features a 3-year rate guarantee beginning July 1, 2026 with age-based premium tiers.
Contract Details
Vendor
COLONIAL
Agency
Town of Clarksburg, MA
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
3-year rate guarantee starting July 1, 2026
Renewal Date
2029-07-01
Renewal Info
Premium rates are guaranteed for 3 years from July 1, 2026; renewal or remarketing would be expected before July 1, 2029.
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