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Clear Creek Independent School District Agenda Item Information Form Consider Approval of Award of Contract 2026.409 Life Insurance & Disability Insurance for District Employees 2026-05-18

Life Insurance Contract Awarded to Securian Life Insurance Company

$375,000.00 (combined with Madison National)Clear Creek IsdSECURIAN LIFE INSURANCE COMPANY DBA SECURIAN FINANCIALMay 18, 2026

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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

Description

Clear Creek ISD awarded Securian Life Insurance Company (Securian Financial) the contract for Basic and Voluntary Life and AD&D Insurance for district employees. The contract begins September 1, 2026, with rates guaranteed through August 31, 2031. The annual cost contributes to a combined $375,000 for both insurance contracts.

Contract Details

Contract Amount

$375,000.00 (combined with Madison National)

Vendor

SECURIAN LIFE INSURANCE COMPANY DBA SECURIAN FINANCIAL

Agency

Clear Creek Isd, TX

Contract Type

INSURANCE

Document Date

May 18, 2026

Contract Term

September 1, 2026 through August 31, 2027; rates guaranteed five years (September 1, 2026 – August 31, 2031)

Renewal Date

2031-08-31

Renewal Info

Life insurance rates are guaranteed for five years (2026-2031). Annual contract renewals required; rate lock applies for the stated term. Board will approve annually; first term is one year.

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