Multi-Year Group Life and Disability Policy Approved
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Description
The Board approved a new group life and long-term disability insurance policy with Ochs, Inc., with an estimated annual cost of $299,724.71 for January 1, 2026 through December 31, 2028. The multi-year agreement provides core benefit coverage for City employees.
Contract Details
Contract Amount
Estimated annual amount of $299,724.71
Vendor
OCHS INC
Agency
City of Germantown, TN
Contract Type
INSURANCE
Document Date
November 24, 2025
Contract Term
January 1, 2026 through December 31, 2028
Renewal Date
2028-12-31
Renewal Info
New three-year group life and long-term disability insurance policy term from 2026-01-01 through 2028-12-31; future renewal options not specified.
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