Township Renews Coverage with Michigan Par Plan
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Description
The township renewed its membership in the Michigan Township Participating Plan for insurance coverage from March 2026 to March 2027, approving a $65,226 premium. Coverage is administered by Tokio Marine HCC and arranged through Municipal Underwriters of Michigan.
Contract Details
Contract Amount
$65,226.00
Vendor
MICHIGAN TOWNSHIP PARTICIPATING PLAN
Agency
Town of East Bay, MI
Contract Type
INSURANCE
Document Date
April 13, 2026
Contract Term
March 2026 – March 2027
Renewal Date
2027-03-31
Renewal Info
Annual renewal of Par Plan coverage; premium increased 63% over 2025–2026 due to claim history.
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