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  5. ›INTERNATIONAL STUDENT SICKNESS & ACCIDENT GROUP INSURANCE…

University of Louisiana at Lafayette·Louisiana

INTERNATIONAL STUDENT SICKNESS & ACCIDENT GROUP INSURANCE (RENEWABLE)

Closes 6/24/2025$500k – $2MInvitation for Bid
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Description

The University of Louisiana at Lafayette is seeking bids for an international student sickness and accident group insurance plan. The plan should provide coverage for international students, and the successful bidder will be required to furnish a certificate of insurance evidencing required coverages and naming the University as an additional insured on all liability policies. The contract will be for a period of 12 months, with the option to extend for four additional 12-month periods. Bidders must submit proof of successful operation in providing insurance coverage at other universities for at least the last five years, evidence of sufficient net worth, and other qualifications as specified in the bid document. Key aspects of the job include: • Providing international student sickness and accident group insurance • Furnishing a certificate of insurance evidencing required coverages • Naming the University as an additional insured on all liability policies • Meeting the qualifications and requirements specified in the bid document • Complying with all applicable laws and regulations, including the Louisiana Life and Health Insurance Guaranty Association Law.

Attached files

Contact

Martina Howard(Buyer of Record)

[email protected]

(337) 482-1079

Key dates

Opened
5/28/2025
Questions due
6/17/2025
Closes
6/24/2025
Duration
12 months

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524130
Solicitation №
50011-ULLAF26002

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2 million per year, based on the estimated number of international students and the cost of insurance premiums. However, this is a rough estimate and the actual budget could be higher or lower, depending on various factors such as the number of students enrolled, the cost of claims, and the profitability of the insurance plan.

AI estimate from the solicitation

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