The following are the general coverage provisionsrequired on all insurance policiesrequested for the entity. 1. Inception Date – December 1, 2025, at 12:01 A.M. Central Standard Time for all policies. 2. Rating Plans – Any reports, periodic statements of value, audits, etc., that will be required. If premiums will be auditable, you must clearly state the terms of the audit. 3. Premium/Contribution Breakdown by Department – The successful bidder must be willing to provide a detailed premium/contribution breakdown as requested by the insured/member, such as by department for each line of coverage. 4. Deductibles – For benchmarking purposes, bids must be provided for $500.00 deductibles for all liability coverage. If additional bids are to be provided for various liability deductible amounts, bidders may do so, but the original bid must include a price of $500 deductibles for all liability coverage.
