UNSPSC 64122003: Group life insurance policy

A type of life insurance policy offered by an employer or other organizational entity to its workers or members.

UNSPSC 64122003 Group life insurance policy is a Commodity code that spans employer-paid and voluntary group term life insurance administration, claims processing, and underwriting services for public-sector workforces. State and local governments buy basic life and accidental death and dismemberment (AD&D) coverage on a fully insured basis, optional voluntary life products, coverage administration for active employees and retirees, and integrated enrollment with payroll and benefits platforms. Recent solicitations emphasize guarantee-issue enrollment (no medical underwriting), integration with existing benefits administration systems such as UKG and bswift, online portal capabilities, claims processing with defined service levels, and implementation support including open enrollment meetings and transition services.

The issuing-body mix spans state agencies, counties, cities, school districts, and transit authorities across the continental United States. The State of Illinois Chief Procurement Office renewed a $561 million five-year contract for life insurance services with MetLife, and the Employees Retirement System of Texas is soliciting group term life and AD&D underwriting and administrative services for the statewide employee benefits program. Municipal demand includes cities such as Waxahachie, Lewisville, and Burleson (all Texas), Holly Hill (Florida), and New Smyrna Beach (Florida). School districts represent significant activity, including Manor Independent School District (Texas), Saint Louis Public Schools, Tempe Elementary School District No. 3 (Arizona), and Amity Regional School District (Connecticut). County and special-purpose districts soliciting recently include Travis County Healthcare District (Texas), Boulder County (Colorado), Okaloosa County (Florida), Athens-Clarke County (Georgia), and the Mississippi Transportation Commission. Geographic activity concentrates in Texas, Florida, Illinois, Georgia, and Colorado, with additional solicitations in Connecticut, Arizona, Missouri, and Mississippi. Representative recent opportunities include Central Health (Travis County Healthcare District) requesting proposals for hospital indemnity insurance alongside life coverage for 2,300 employees with response due July 13, 2026 (RFP); Texas A&M University System Office of Procurement seeking claims administration and fully-insured group life and AD&D services for 42,285 employees with proposals due May 4, 2026 (RFP); City of Waxahachie requesting ancillary insurance including basic and voluntary life/AD&D for 475 employees with response due May 29, 2026 (RFP); and Amity Regional School District No. 5 (Connecticut) soliciting student accident insurance covering 2,205 students with sealed proposals due May 21, 2026 (RFP).