New Hampshire Statewide Bids and Proposals #RFP 492-27

New Hampshire Group Life and AD&D Insurance Program for State Employees

The State of New Hampshire is seeking proposals for a fully insured Group Life and Accidental Death & Dismemberment (AD&D) insurance program for approximately 10,050 eligible full-time state employees. - Government Buyer: - New Hampshire Department of Administrative Services, Division of Risk and Benefits - Products/Services Requested: - Group Term Life Insurance (Basic Life: $50,000, state-paid) - Basic AD&D Insurance (choice of $20,000 or $25,000, employee-paid) - Supplemental Basic Life (employee-paid, $5,000) - Supplemental Life with AD&D (employee-paid, 1x-4x salary up to $1,000,000) - Supplemental Life for spouses (employee-paid, $10,000 or $25,000-$100,000) - Child Life (employee-paid, $3,000 per child) - Quantities: - Basic Life: 10,050 employees - Basic AD&D: 4,481 employees - Supplemental Basic Life (No AD&D) - Employee: 3,135 - Supplemental Life with AD&D - Employee: 2,513 - Supplemental Life (No AD&D) - Spouse: 606 - Supplemental Life with AD&D - Spouse: 1,979 - Child(ren) Life (No AD&D): 2,064 - Notable Requirements: - Bidders must closely match current benefit plan designs due to collective bargaining agreements - Strict adherence to plan design, eligibility, and data security provisions - Vendors must be licensed, financially stable, and experienced in group life insurance - Includes implementation, administration, claims processing, and reporting - No specific OEMs or vendors are named; open to all qualified insurance providers - Place of Performance: - State of New Hampshire government facilities

Description

This solicitation is a Request for Proposal issued by the New Hampshire Department of Administrative Services, Division of Risk and Benefits, for the procurement of group life insurance coverage. The State seeks bids from qualified vendors to provide a non-participating, prospectively rated fully insured Life/AD&D insurance program for eligible full-time employees. The contract term is five years, starting January 1, 2027, with an option to extend for up to two additional years. The proposal submission deadline is May 29, 2026, at 2:00 PM ET, and the contact person is C. Ryan Fuller.

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