Civic IQ
CONTRACTAPPROVED
Get alerts

City of Long Beach Awards $396,704 Insurance Contract to National Life Insurance Company (February 2024)

City of Long Beach logoCity of Long Beach
Disclosed value
$396,704.42
From minutes
Approved
Feb 20, 2024

The 30-second brief

What it covers

The Long Beach City Council adopted amended Resolution #23/23 authorizing the City Comptroller to purchase an annuity product from National Life Insurance Company for $396,704.42, funded by a transfer from an existing AIG annuity. The move reallocates city assets into a new insurance-based investment product.

Who holds it

National Life Insurance Company holds this insurance contract with City of Long Beach. Its other public contracts on record include work for Town of Newtown and Cardinal Local Schools.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Insurance
Amount
$396,704.42
Document date
February 20, 2024
Vendor
National Life Insurance Company
Agency
City of Long Beach
Source document
city_of_long_beach_common_council_minutes_february.pdf (Minutes)

National Life Insurance Company's other public contracts

Town of Newtown, ConnecticutLOSAP Assets Moved to National Life Insurance Contract · Apr 16, 2026UndisclosedCardinal Local Schools, OhioBoard Approves 403(b) Annuity with National Life Insurance · Feb 11, 2026UndisclosedDonner Summit Public Utilities District, CaliforniaLife Insurance Payment Approved for NATIONAL LIFE · Sep 16, 2025$94.8Donner Summit Public Utilities District, CaliforniaInsurance Payment to NATIONAL LIFE INSURANCE CO. Approved · Jul 9, 2025$32.6Donner Summit Public Utilities District, CaliforniaDistrict Pays NATIONAL LIFE INSURANCE CO. Premium · Jul 9, 2025$94.8All National Life Insurance Company contractsVendor profile

More City of Long Beach contracts

Macedo Contracting Services IncLong Beach Plans $49,000 Emergency Sewer Repair · Oct 20, 2026$49KGraphic Management Partners LLCLong Beach Selects Graphic Management Partners for Calendar · Oct 20, 2026$20.1KH2MLong Beach Selects H2M for Drainage Design Work · Oct 4, 2026$70KNV5Long Beach Selects NV5 for East Pine Street Design · Oct 4, 2026$97.9KBarbato NurseryLong Beach Proposes $20,000 Tree Purchase from Nursery · Oct 4, 2026$20KAll City of Long Beach activityAgency profile

Questions about this contract

Who was awarded the insurance contract by City of Long Beach?

National Life Insurance Company was awarded this insurance contract by City of Long Beach, as recorded on February 20, 2024. The contract value is $396,704.42.

How much is the National Life Insurance Company contract with City of Long Beach worth?

The National Life Insurance Company contract with City of Long Beach is valued at $396,704.42, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_long_beach_common_council_minutes_february.pdf (Minutes), dated February 20, 2024 from City of Long Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does National Life Insurance Company hold?

National 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 Long Beach currently buying?

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

Work in government? Get Civic IQ free →
More City of Long Beach contracts →Browse all agencies in New York →