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  5. ›Invitation to Bid Term Life Insurance and Accidental Death…

Rhode Island Town of East Greenwich·Rhode Island

Invitation to Bid Term Life Insurance and Accidental Death & Dismemberment

Closes 12/2/2025$500k – $6MInvitation for BidLogin required
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Description

The Town of East Greenwich and East Greenwich School Department are seeking bids for Term Life Insurance and Accidental Death & Dismemberment for their employees. The contract is expected to start on January 1, 2026, and the bids are for 1, 2, or 3 years. The town is looking for a combined proposal and separate proposals for the town and school. The bid should include the cost of insurance for different employee groups, including police officers, non-police employees, and retirees. The bid should also include the cost of Accidental Death and Dismemberment coverage. • The town is seeking bids for Term Life Insurance and Accidental Death & Dismemberment for their employees. • The contract is expected to start on January 1, 2026, and the bids are for 1, 2, or 3 years. • The town is looking for a combined proposal and separate proposals for the town and school. • The bid should include the cost of insurance for different employee groups, including police officers, non-police employees, and retirees. • The bid should also include the cost of Accidental Death and Dismemberment coverage.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Rose Emilio(Administrative Services Manager)

[email protected]

(401) 886-3213

Key dates

Opened
11/13/2025
Questions due
11/24/2025
Closes
12/2/2025

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
5241
Solicitation №
202511INS

Budget estimate

$500,000 – $6,000,000

The budget for this opportunity is difficult to estimate without knowing the exact cost of insurance for each employee group. However, based on the information provided, it appears that the town is seeking bids for a large group of employees, including police officers, non-police employees, and retirees. The cost of insurance for each group will depend on various factors, including the age and health of the employees, the type of coverage, and the insurance provider. A rough estimate for the annual cost of insurance for the town's employees could be in the range of $500,000 to $2 million, depending on the factors mentioned above. For a 1-year contract, the budget could be around $500,000 to $2 million. For a 2-year contract, the budget could be around $1 million to $4 million. For a 3-year contract, the budget could be around $1.5 million to $6 million.

AI estimate from the solicitation

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