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INSURANCERENEWED

Village of Norridge Board Meeting Agenda April 2026

Village Renews Life and AD&D Coverage with Dearborn National

Annual premium $2,643.80 at a rate of $0.309 per $1,000 of salary; term life benefit of $10,000Norridge village (pt.)DEARBORN NATIONALApril 22, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The Village of Norridge intends to renew its life and AD&D insurance agreement with Dearborn National for eligible employees effective May 1, 2026 through April 30, 2027. The coverage provides a $10,000 term life benefit at a rate of $0.309 per $1,000 of salary, with an estimated annual premium of $2,643.80.

Contract Details

Contract Amount

Annual premium $2,643.80 at a rate of $0.309 per $1,000 of salary; term life benefit of $10,000

Vendor

DEARBORN NATIONAL

Agency

Norridge village (pt.), IL

Contract Type

INSURANCE

Document Date

April 22, 2026

Contract Term

May 1, 2026 through April 30, 2027

Renewal Date

2027-04-30

Renewal Info

One-year renewal of group life and AD&D coverage for May 1, 2026 – April 30, 2027 at stated salary-based rate and benefit level.

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