Elgin County Committee of the Whole Meeting Agenda Packet April 2026
AIG Recommended for AD&D Insurance Renewal
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Description
Elgin County proposes to renew its accidental death and dismemberment insurance with AIG Insurance effective July 1, 2026. The recommended renewal, with an estimated 5‑year cost of $24,230.25, maintains existing coverage while adding enhancements such as carjacking and criminal assault benefits.
Contract Details
Contract Amount
$24,230.25 (estimated 5-year cost for AD&D)
Vendor
AIG INSURANCE
Agency
County of Elgin, Canada
Contract Type
INSURANCE
Document Date
April 14, 2026
Contract Term
Effective July 1, 2026; financial analysis based on 5-year cost projection
Renewal Info
Recommended renewal of existing AD&D coverage with AIG, maintaining current plan design and adding enhanced benefits; detailed renewal term to be finalized in the renewed policy agreement.
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