City of Carmel Common Council Meeting Agenda April 20, 2026
Stop loss insurance premium paid to Sun Life Assurance
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Description
The City of Carmel paid Sun Life Assurance Company $296,446.29 for stop loss insurance premiums related to its employee health plan. This large insurance payment is documented on the March 31, 2026 voucher register.
Contract Details
Contract Amount
$296,446.29
Vendor
SUN LIFE ASSURANCE COMPANY
Agency
City of Carmel, IN
Contract Type
INSURANCE
Document Date
April 20, 2026
Renewal Info
Stop loss coverage is typically renewed annually; this payment reflects a policy period premium.
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