Request Approval of Life Insurance Renewal with Standard Insurance Co. (Budget Impact - Neutral; expenditure of $628,507)

Board of County Commissioners · 2026-05-19 · agenda_item

This item concerns a planned renewal of life insurance coverage for Marion County employees. The proposed renewal is with Standard Insurance Co. and has a neutral budget impact, with an expenditure of $628,507. This agenda item is currently pending before the Board of County Commissioners, Marion County. The scope of work involves the administrative and financial processes related to insurance policy renewal. This includes reviewing policy terms, confirming employee coverage, and processing payments. The opportunity for local businesses lies in providing related administrative support, financial services, or potentially alternative insurance solutions if the county decides to explore other options in the future. Engaging early allows businesses to understand the county's needs and present their services before contracts are finalized.

expenditure

628507 $