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Life and Disability Insurance


Location
Georgia
Publication Date
06/11/2019 02:33 PM EDT
Closing Date
07/11/2019 11:00 AM EDT
Issuing Organization
County of Fulton
Solicitation Number
Description

Specifications include, but are not limited to: • Basic Life and Accidental Death & Dismemberment (AD&D) o Basic Life benefit is $50,000 o AD&D benefit is $50,000 o Employees must enroll in Basic Life and AD&D coverage. The County pays 75% of the cost of coverage; the employee pays 25%. o All Guarantee Issue • Supplemental Term Life o Purchase up to an additional $300,000, in multiples of $25,000 – UPDATED FROM CURRENT o Employee Paid Benefit Only o Guarantee Issue Amount - $300,000 – UPDATED FROM CURRENT • Supplemental Spouse Term Life o Purchase $10,000 for Spouse o Employee Paid Benefit Only o Guarantee Issue Amount - $0 • Supplemental Dependent Term Life o Purchase $10,000 for Dependent Child(ren) o Employee Paid Benefit Only o Guarantee Issue Amount - $10,000 • Short Term Disability – 2 Options o Option 1 – 60% to $2,000 per Week with 30/30 Waiting Period, 3/12 Pre-Ex, 22 Week Duration o Option 2 – 60% to $2,000 per Week with 7/7 Waiting Period, 3/12 Pre-Ex, 25 Week Duration o Employee Paid Benefit Only

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