FINANCIAL_SERVICESAPPROVED

Downers Grove Grade School District 58 Broker Services Agreement 2026

District 58 Signs Three-Year Benefits Broker Agreement

$7,250/month for 7/1/2026–6/30/2027; $7,500/month for 7/1/2027–6/30/2028; $7,750/month for 7/1/2028–6/30/2029 (plus reimbursable expenses and certain premium taxes/fees)Downers Grove GSD 58ASSURED PARTNERS OF ILLINOIS LLCApril 27, 2026

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Description

Downers Grove Grade School District 58 entered into an Exclusive Broker Services Agreement with Assured Partners of Illinois, LLC effective July 1, 2026, through June 30, 2029. The contract establishes escalating monthly fees for employee benefits brokerage and advisory services, plus reimbursable expenses and certain premium-related taxes and fees.

Contract Details

Contract Amount

$7,250/month for 7/1/2026–6/30/2027; $7,500/month for 7/1/2027–6/30/2028; $7,750/month for 7/1/2028–6/30/2029 (plus reimbursable expenses and certain premium taxes/fees)

Vendor

ASSURED PARTNERS OF ILLINOIS LLC

Agency

Downers Grove GSD 58, IL

Contract Type

FINANCIAL_SERVICES

Document Date

April 27, 2026

Contract Term

July 1, 2026 – June 30, 2029, with review to renew for successive three-year periods beginning July 1, 2029

Renewal Date

2029-06-30

Renewal Info

Initial term runs 7/1/2026–6/30/2029 and is to be reviewed for renewal for a three-year period on every other July 1 beginning 7/1/2029. Either party may terminate with 90 days’ written notice or for uncured material breach; fees may be renegotiated if the Client’s operations materially change.

Issuing Agency