Township of Southwold Council Meeting Agenda April 27, 2026
Existing Manulife Group Benefits Contract Under Review
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Description
The Township currently receives group benefits from Manulife at an annual cost of $276,930.92 as of 2025 but is considering a change in providers following a recent RFP. Staff analysis shows significant savings by moving to Desjardins Insurance.
Contract Details
Contract Amount
$276,930.92 in 2025
Vendor
MANULIFE
Agency
Township of Southwold, Canada
Contract Type
INSURANCE
Document Date
April 27, 2026
Renewal Date
2026-07-01
Renewal Info
Current arrangement extended to July 1, 2026 to allow for potential carrier change following RFP outcome.
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