CONTRACTRECOMMENDED

Joliet Recommends Symetra Life Insurance Renewal

City of Joliet city logoCity of Joliet city
Disclosed value
Current annual cost $256,936.86; negotiated renewal annual cost $216,261.06; annual savings $240,675.80 stated in proposal materials
From agenda
Document date
Sep 15, 2026
Term
Rate guarantee through January 1, 2029
Renews
Free account

The 30-second brief

What it covers

Joliet recommends renewing group life and AD&D insurance with Symetra Life Insurance Company for 2027. Negotiated rates reduce the stated annual cost by 15.83%, with a rate guarantee through January 1, 2029.

Who holds it

Symetra Life Insurance Company holds this insurance contract with City of Joliet city. Its other public contracts on record include work for Brevard County and City of Moses Lake.

What happens next

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Contract details

Contract type
Insurance
Amount
Current annual cost $256,936.86; negotiated renewal annual cost $216,261.06; annual savings $240,675.80 stated in proposal materials
Document date
September 15, 2026
Term
Rate guarantee through January 1, 2029
Renews
On record
Source document
City of Joliet Finance Committee Meeting Agenda 2026-09-15 (Agenda)

Symetra Life Insurance Company's other public contracts

More City of Joliet city contracts

Questions about this contract

Who was awarded the insurance contract by City of Joliet city?

Symetra Life Insurance Company was awarded this insurance contract by City of Joliet city, as recorded on September 15, 2026. The contract value is Current annual cost $256,936.86; negotiated renewal annual cost $216,261.06; annual savings $240,675.80 stated in proposal materials.

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

The Symetra Life Insurance Company contract with City of Joliet city is valued at Current annual cost $256,936.86; negotiated renewal annual cost $216,261.06; annual savings $240,675.80 stated in proposal materials, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Joliet Finance Committee Meeting Agenda 2026-09-15 (Agenda), dated September 15, 2026 from City of Joliet city. 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 Joliet city currently buying?

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

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