Standard Insurance Group Life and Disability Option Extended
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Description
The Oversight Committee is asked to approve exercising the second option year of Contract 22-C66 with Standard Insurance Co. for group life, disability, and AD&D benefits. The extension maintains core employer-paid coverage and optional employee-paid supplemental benefits.
Contract Details
Vendor
STANDARD INSURANCE CO
Agency
Central Florida Regional Transportation Authority, FL
Contract Type
INSURANCE
Document Date
June 25, 2026
Contract Term
Second option year of Contract 22-C66; option years are one year each
Renewal Date
2027-12-31
Renewal Info
Three-year base term ending December 31, 2025 with two one-year options; first option runs through December 31, 2026, and this action exercises the second option year extending coverage through December 31, 2027.
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Issuing Agency
Special District
Orlando, FL
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