Village Renews Life and AD&D Coverage with Dearborn National
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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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