Life Insurance Service
Location:
Irving, Texas, United States
Posted on:
Deadline:
Summary:
The City of Irving, Texas seeks proposals from experienced life insurance carriers to provide employee life insurance services, with multi-year rate guarantees and the option to maintain existing coverage amounts.
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A government authority located in Irving, Texas is seeking proposals from highly experienced and professional life insurance carriers to provide life insurance services. Proposers are encouraged to offer packaged discounts with other benefits, though it is not required to include them in the quote. The selected carrier will be expected to grandfather the current life insurance amounts for all employees and their spouses.
The contract period will be for one year, with a required minimum rate guarantee of three years; a five-year rate guarantee is preferred. All prospective bidders must submit any questions regarding the solicitation by March 18, 2026.
Best-fit vendors:
• Licensed and reputable life insurance carrier
• Significant experience with public sector employee benefit programs
• Ability to offer multi-year rate guarantees
• Familiarity with Texas government contracting
• Capacity to support continuation of existing coverage levels
