Life Insurance Contract Awarded to Securian Life Insurance Company
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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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