Principal offers lowest-cost life and AD&D option

Colstrip Schools is reviewing a Principal proposal for group life and AD&D insurance with an estimated annual premium of $2,394 and a three-year rate guarantee. The option offers the largest premium reduction compared to Unum while maintaining key benefit features such as waiver of premium and accelerated benefits.

Scope & details

The full contract record, as filed.

Contract amount

Estimated Annual Premium $2,394

Contract type

INSURANCE

Contract term

Three Year rate guarantee

Renewal

Selection of Principal would establish a new three-year rate guarantee for group life and AD&D coverage, after which rates and carrier options may be re-marketed.

Document type

Report

Source document

Colstrip Schools Life and AD&D Cost Analysis 2026-07-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Colstrip High School District?

PRINCIPAL was awarded this insurance contract by Colstrip High School District, as recorded on July 26, 2026. The contract value is Estimated Annual Premium $2,394.

How much is the PRINCIPAL contract with Colstrip High School District worth?

The PRINCIPAL contract with Colstrip High School District is valued at Estimated Annual Premium $2,394, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a report record.

Where was this contract approved?

This contract appears in Colstrip Schools Life and AD&D Cost Analysis 2026-07-26 (Report), dated July 26, 2026 from Colstrip High School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PRINCIPAL hold?

PRINCIPAL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Colstrip High School District currently buying?

Explore Colstrip High School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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