Description
The University of Louisiana at Lafayette is seeking bids for an International Student Group Insurance Plan to provide sickness and accident coverage for its international students. The plan should be renewable and provide coverage for a minimum of 12 months. The successful bidder will be required to provide proof of successful operation in providing insurance coverage at other universities for at least the last five years, evidence of sufficient net worth, and a list of universities and colleges currently served. The bidder must also have a Best's Key Rating Guide rating of A- or better and be authorized to do business in the state of Louisiana.
• The bid should include the unit price for each item and the total amount for each item based on the quantities listed.
• The bidder should submit descriptive and illustrative literature with the bid for consideration of award.
• The university reserves the right to reject any or all bids and to waive any informalities.
• The contract will be for a term of 12 months, with the option to extend for an additional four 12-month periods.