| Employee Benefits Group Term Life Insurance |
| Program Summary |
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| Description |
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Employee Benefits Group Term Life Insurance
Number : 09-06
Posting Date: 06/24/2008
Addendum # 1
Posting Date: 07/08/2008
Closing Date: 07/22/2008
ADDENDUM # 1
DELETE
8. COST PROPOSALS: The offeror shall clearly outline the cost proposed. Cost proposals shall be submitted in a separate sealed envelope clearly marked "cost proposal." ADD
8.COST PROPOSALS: The offeror shall clearly outline the cost proposed. The Offeror shall submit the cost both as full rate to include commission and the cost without the commission. Cost proposals shall be submitted in a separate sealed envelope clearly marked "cost proposal."
Question # 1
Please provide the current life rates.
Response # 1
The current rate is $ 1.15 per $10,000 per month.
Question # 2
Please provide a current census in Excel format which, includes gender, date of birth and salary for each employee.
Response # 2
The following attachment may be accessed by going to our website www.sccpss.com, go to Vendors/Bidders, to Bids & RFPs, to RFP 09-06 or by faxing a request for a hard copy to the attention of Joanna Martin at (912) 201-7648.
The attached census is as of July 1, 2008. The census will increase by approximately 400 employees as of October 1, 2008 when coverage for all the new hires become effective.
Question # 3
Please provide a copy of the policy or certificate.
Response # 3
The attached Life Insurance Booklet may be accessed by going to our website www.sccpss.com, go to Vendors/Bidders, to Bids & RFPs, to RFP 09-06 or by faxing a request for a hard copy to the attention of Joanna Martin at (912) 201-7648.
Question # 4
Please provide 5 years of premiums, loss, and rate history.
Response # 4 The attached premium, loss, history may be accessed by going to our website www.sccpss.com, go to Vendors/Bidders, to Bids & RFPs, to RFP 09-06 or by faxing a request for a hard copy to the attention of Joanna Martin at (912) 201-7648.
Question # 5
Please confirm that this benefit is provided to all employees, and paid by the employer.
Response #5
The benefit is provided for all employees who work at least 20 hours per week. It is 100% paid by the SCCPSS.
Question # 6
Please provide details of current and or planned enrollment procedures, including schedule based on time requirements established by SCCPSS, and expectations and duties of required trained staff members
Response # 6
We would expect this to be a self-administered plan. We would expect that the new carrier would accept beneficiary forms already completed for Greater Georgia Life so that employees are not required to complete a new beneficiary form. Therefore, we would expect little need for enrollment assistance.
Question # 7
Please verify that there are no commissions
Response # 7
The current commission is 10%
Question # 8
Please clarify the number of copies needed.
Response # 8
The requirement for the number of copies is as follows:
One (1) unbound original and six (6) copies as well as one (1) CD-ROM copy.
Question # 9
Please provide a the RFP document in Word format.
Response # 9
It is policy that RFP documents be provided only in PDF format.
END OF ADDENDUM # 1
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