Borough of Wood-Ridge Minutes 1940th Regular Meeting 2026-06-17
Employee Life and AD&D Insurance Policy Renewed
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Description
Wood-Ridge Borough renewed its Group Life and Accidental Death & Dismemberment insurance coverage with The Standard Life Insurance Company for a 24‑month term from June 1, 2026 through May 31, 2028. The renewal maintains existing benefits with no rate increase.
Contract Details
Vendor
STANDARD LIFE INSURANCE COMPANY
Agency
Borough of Wood-Ridge, NJ
Contract Type
INSURANCE
Document Date
June 17, 2026
Contract Term
June 1, 2026 through May 31, 2028
Renewal Date
2028-05-31
Renewal Info
24‑month renewal of group life and AD&D policy at flat rates (0% increase) with no change in plan design, effective June 1, 2026 through May 31, 2028.
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Borough of Wood-Ridge Agenda 1940th Regular Meeting 2026-06-17
Borough of Wood-Ridge Agenda 1940th Regular Meeting 2026-06-17
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