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Historic Renewal
Life/AD&D and Disability
2016
Life/AD&D and Disability Renewal
Life and LTD plans under rate guarantee until 2017
2014 Life/AD&D and Disability Renewal
Initial Guardian renewal was 0%, due to service issues with the life and disability products all Guardian plans
were marketed.
Moved all products to Cigna and received 2% package savings off the medical.
Move to Cigna also resulted in approximately $52,000 savings in premium annually.
2013 Life/AD&D and Disability Renewal- Guardian
Initial Life/AD&D renewal was a no change. Final renewal net of commissions was -4.5%. The life benefit
was changed for classes 2, 3, 4 and 5 to a flat $50,000.
Initial LTD renewal was a no change. Final renewal net of commissions was -5.6%. The Guarantee Issue
amount for Class was removed International Coverage
Voluntary life - No change to rates or benefits. Commissions were left in the voluntary life and AD&D
products
Voluntary – Assurant
2014 Renewal
Received a rate pass on all Assurant products and renewed with no plan changes.
2013 Renewal
Critical illness was moved from Guardian to Assurant and Voluntary STD and Accident were added to the
voluntary product offerings in 2013.
Wellness Program
2014 Renewal
Wellness premium incentive was expanded to include spouses covered on the medical plan. Incentive
requirements included completion of online Health Risk Assessment and Biometric Screenings to earn a
Premium Incentive of $55/month for an individual and $110/month for a spouse.
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