This contract is for Life and Accidental Death and Dismemberment (AD&D) insurance for Harris County and the Harris County Flood Control District. The contract was awarded to Dearborn National Life Insurance Company for a term of March 1, 2023, through December 31, 2023, or until a new contract is in place, with no increase in pricing. The estimated cost for the plan year is $5,600,000. Key aspects of the contract include:
• Life and AD&D insurance coverage for Harris County employees, retirees, and their dependents
• Term of the contract is from March 1, 2023, to December 31, 2023, or until a new contract is in place
• No increase in pricing from the previous contract
• Estimated plan year cost of $5,600,000
• The contract is fully insured, and the vendor has agreed to extend under the same terms and conditions as the awarded contract.