Town of Clarksburg Group Insurance Benefit Options 2026-07-01
Colonial offers voluntary short-term disability plans
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Description
Colonial has proposed voluntary individual short-term disability plans for Town of Clarksburg employees, offering up to 60% income replacement with 3- or 6-month benefit durations and a 3-year rate guarantee from July 1, 2026. The coverage is employee-paid with age-based premium rates and guaranteed issue up to specified limits.
Contract Details
Vendor
COLONIAL - INDIVIDUAL
Agency
Town of Clarksburg, MA
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
3-year rate guarantee starting July 1, 2026
Renewal Date
2029-07-01
Renewal Info
Short-term disability premium rates are guaranteed for 3 years from July 1, 2026; renewal assessment anticipated prior to July 1, 2029.
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