This contract is for K-12 student accident insurance, which covers all enrolled students participating in school district activities, including sports, for catastrophic accidental injuries. The contract is with Bob McCloskey Insurance and has a term of one year, from July 1, 2025, to August 1, 2026. The contract has a value of $27,923.35. The insurance coverage has a maximum medical benefit of $6,000,000 and a maximum cash benefit of $1,000,000, with a deductible of $25,000.
* The contract is a single source procurement, justified by the fact that the Maryland Association of Boards of Education (MABE) Group Insurance Pool sourced this insurance coverage in the marketplace, making it cheaper for the school district to seek this coverage as a group rather than individually.
* The contract is requested by the Office of Risk Management, with Pierre van Greunen as the Account Manager.
* The contract has been approved by the Board of Education of Howard County.