Town of Clarksburg Group Life and AD&D Options Proposal 2026-07-01
Clarksburg life and AD&D insurance proposal from Standard
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Description
The Town of Clarksburg received a proposal from Standard to provide group basic life and AD&D insurance for active employees and retirees starting July 1, 2026. The estimated annual premium is $5,375.52 with a two-year rate guarantee and coverage includes $10,000 for full-time employees and $2,000 for retirees.
Contract Details
Contract Amount
Estimated Annual Premium $5,375.52; Estimated Monthly Premium $447.96
Vendor
STANDARD
Agency
Town of Clarksburg, MA
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
2-year rate guarantee beginning July 1, 2026
Renewal Date
2028-06-30
Renewal Info
Rates are guaranteed for two years from July 1, 2026; renewal terms and future rate adjustments would be subject to negotiation at the end of the guarantee period.
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