Life Insurance & Disability Insurance for District Employees

The Clear Creek Independent School District is seeking proposals for life insurance and disability insurance for its employees. The district is looking for a vendor to provide administrative services for a self-funded short-term disability plan, as well as fully insured basic life and AD&D, voluntary life, and long-term disability insurance. The contract will be for an initial one-year period, with the option to renew for up to four additional years. The district expects to award the contract after approval by the Board of Trustees at the May 18, 2026 regular meeting. • The district has approximately 2,342 employees enrolled in the short-term disability plan, with a current ASO rate of $1.89 PEPM. • The district is looking for a vendor to provide life insurance with a maximum death benefit of $550,000 for employees, and $250,000 for spouses. • The district is also looking for a vendor to provide long-term disability insurance with a benefit period to age 65, and a maximum monthly benefit of $7,500. • The vendor must have an Errors and Omissions policy with a minimum of $1,000,000 per occurrence. • The vendor must also provide administrative support, including claims administration, customer service, and reporting.