INSURANCERECOMMENDED

Sun Life Selected for 2026–2027 Stop Loss Coverage

The College’s staff recommend approving a $1,744,382 stop loss insurance contract with Sun Life for September 1, 2026 through August 31, 2027. Sun Life’s proposal includes an 11.5% premium increase, a 40% rate cap, no new lasers, and cash flow advantages via invoice credits.

Status
RECOMMENDED
Document date
August 19, 2026
Contract type
INSURANCE
Vendor
Sun Life
Agency
Community College Of Philadelphia · PA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,744,382.00
Contract type
INSURANCE
Contract term
September 1, 2026 to August 31, 2027
Renewal date
2027-08-31
Renewal
One-year stop loss policy term with a 40% rate cap at renewal and no new lasers; subject to future marketing or renewal decision after August 31, 2027.
Document type
AgendaPacket
Source document
Community College of Philadelphia AgendaPacket Combined/Hybrid Meeting of the Business Affairs and Executive Committees 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Community College Of Philadelphia?

Sun Life was awarded this insurance contract by Community College Of Philadelphia, as recorded on August 19, 2026. The contract value is $1,744,382.00.

How much is the Sun Life contract with Community College Of Philadelphia worth?

The Sun Life contract with Community College Of Philadelphia is valued at $1,744,382.00, 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 Community College of Philadelphia AgendaPacket Combined/Hybrid Meeting of the Business Affairs and Executive Committees 2026-08-19 (AgendaPacket), dated August 19, 2026 from Community College Of Philadelphia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sun Life hold?

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

View Sun Life's profile

What is Community College Of Philadelphia currently buying?

Explore Community College Of Philadelphia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Community College Of Philadelphia's profile

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