CONTRACTPENDING

Franklin Evaluates Symetra Stop-Loss Coverage Renewal

City of Franklin logoCity of Franklin
Disclosed value
Projected specific stop-loss cost of $1,314,788 annually and aggregate stop-loss cost of $28,191 annually; projections are not final carrier quotes
From agendapacket
Document date
Oct 19, 2026

The 30-second brief

What it covers

Franklin is evaluating continuation of stop-loss coverage with Symetra Life Insurance Company for 2027. USI projects annual specific and aggregate stop-loss costs of $1,314,788 and $28,191, respectively, while final carrier quotes remain pending.

Who holds it

Symetra Life Insurance Company holds this insurance contract with City of Franklin. Its other public contracts on record include work for City of Sugar Land and City of Little Rock.

What happens next

Term as filed: Effective January 1, 2027; expiration date not stated.

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Contract details

Contract type
Insurance
Amount
Projected specific stop-loss cost of $1,314,788 annually and aggregate stop-loss cost of $28,191 annually; projections are not final carrier quotes
Document date
October 19, 2026
Term
Effective January 1, 2027; expiration date not stated
Source document
City of Franklin AgendaPacket Personnel Committee Meeting 2026-10-19 (AgendaPacket)

Symetra Life Insurance Company's other public contracts

More City of Franklin contracts

Questions about this contract

Who was awarded the insurance contract by City of Franklin?

Symetra Life Insurance Company was awarded this insurance contract by City of Franklin, as recorded on October 19, 2026. The contract value is Projected specific stop-loss cost of $1,314,788 annually and aggregate stop-loss cost of $28,191 annually; projections are not final carrier quotes.

How much is the Symetra Life Insurance Company contract with City of Franklin worth?

The Symetra Life Insurance Company contract with City of Franklin is valued at Projected specific stop-loss cost of $1,314,788 annually and aggregate stop-loss cost of $28,191 annually; projections are not final carrier quotes, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Franklin AgendaPacket Personnel Committee Meeting 2026-10-19 (AgendaPacket), dated October 19, 2026 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Symetra Life Insurance Company hold?

Symetra Life Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Franklin currently buying?

Explore City of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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