CONTRACTDISCUSSED

Equitable Insurance Renewal Considered But Not Chosen

City of Charlevoix logoCity of Charlevoix
Disclosed value
$36,940 annually (current); $28,319 annually (renewal/proposed)
From agendapacket
Document date
Aug 1, 2022

The 30-second brief

What it covers

City staff reviewed Equitable (AXA)'s renewal proposal for life and disability insurance, which offered lower annual premiums but introduced a pre-existing limitation on short-term disability and a shorter rate guarantee. Following analysis, this option was discussed but not selected in favor of The Hartford.

Who holds it

Equitable Axa holds this insurance contract with City of Charlevoix. Its other public contracts on record include work for Palmyra Public School District.

What happens next

Term as filed: 1 year rate guarantee for life; 2 years rate guarantee for STD and LTD (proposed).

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Contract details

Contract type
Insurance
Amount
$36,940 annually (current); $28,319 annually (renewal/proposed)
Document date
August 1, 2022
Term
1 year rate guarantee for life; 2 years rate guarantee for STD and LTD (proposed)
Source document
City of Charlevoix AgendaPacket Regular Meeting 2022-08-01 (AgendaPacket)

Equitable Axa's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Charlevoix?

Equitable Axa was awarded this insurance contract by City of Charlevoix, as recorded on August 1, 2022. The contract value is $36,940 annually (current); $28,319 annually (renewal/proposed).

How much is the Equitable Axa contract with City of Charlevoix worth?

The Equitable Axa contract with City of Charlevoix is valued at $36,940 annually (current); $28,319 annually (renewal/proposed), 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 City of Charlevoix AgendaPacket Regular Meeting 2022-08-01 (AgendaPacket), dated August 1, 2022 from City of Charlevoix. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Equitable Axa hold?

Equitable Axa 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 Charlevoix currently buying?

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

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