Specifications include, but are not limited to: 3.1. The plan shall have the following features: a. No waiting period b. Waiver of premium c. Portability d. Rate guarantee e. Guarantee issue f. Age rated g. No pre-existing conditions limitations h. Minimum $5,000 up to $50,000 benefit for Critical Illnesses i. Reoccurrence benefit j. Wellness benefit k. No reduction in benefits due to age l. Lump sum benefits paid to insured 3.2 The vendor shall: a. Provide statement of Work detailing scope and timing of specific audit and/or project. b. Provide assistance as needed with new employee meetings throughout the school year. c. Provide quarterly updates on eligibility and claims data. d. Provide quarterly updates in an electronic format on health and wellness issues related to their product for distribution to employees.