First Set Questions_19HK3023R0001 Solicitation Group Life Insurance for LE staff- SAM gov.pdf

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U. S. Consulate General Hong Kong - Group Life Insurance Services to Local Engaged Staffs
Solicitation number
19HK3023R0001
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This document contains questions and answers related to solicitation number 19HK3023R0001 for group life insurance services for local engaged staff at the U.S. Consulate General Hong Kong. The solicitation seeks proposals from both insurance companies and brokerage firms to provide group life insurance. Key details include an updated Section J exhibit providing employee statistics and salary information, confirmation that no claims were made during 2018-2019 or 2019-2020, and an anticipated contract award date of February 1, 2024. Offerors are advised to review all solicitation amendments for the most current information.

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U.S. Consulate General Hong Kong

First Set of Questions

Solicitation Number 19HK3023R0001

Group Life Insurance Services to Employees of the Government of the United States of America in Hong Kong

The Consulate received the following questions, and the answers are:

The information provided in response to these questions is provided for informational purposes and under no circumstances shall it be construed to change any terms, conditions, or requirements within the solicitation.

In addition, any answer provided regarding claims data incurred under the existing contract, please be advised that the benefits levels are not the same nor may this data be indicative of future claims. Therefore, it is each offeror’s decision on whether to use or not to use this information. However, under no circumstances shall the U.S.

Government be liable for this data or shall it become the basis for a request to adjust the premium rates once the contract is awarded. Rather, offerors are advised any adjustments to contract premium rates shall be in accordance with the Price Adjustment clause B.4.

Q1: We would like to clarify that there is a life claim at HK$1,568,947 has been reported in July 2023 and pending for supporting documents, we would recommend client to issue an amendment of the solicitation in Section J

Exhibit C as well.

Besides, could you please obtain the actual census information as stated in Section J Exhibit A from client and send to us for our further review.

A1: Please refer to Solicitation Amendment 00001 for an updated Section J – Exhibit A Employee Statistics

Q2: Please provide average insured member counts for the years 2018-2019 and 2019-2020.

A2: Numbers of employees during those time periods are as follows:

2018-2019: 151

2019-2020:151

Q3: Please provide claims data for the years 2018-2019 and 2019-2020

A3: No claim were made during those time periods.

Q4: Please provide a detailed breakup of Embassy employees’ salaries and ages in the below format:

EMBASSY EMPLOYEES

Line

Item

(Monthly)Salary in

HKD

Number of

Employees Age

1 $10,001 - $20,000 19 30-64

2 $20,001 - $30,000 48 25-64

3 $30,001 - $40,000 33 35-64

4 $40,001 - $50,000 22 25-64

5 $50,001 - $60,000 18 35-64

6 $60,001 - $70,000 7 35-64

7 $70,001 - $80,000 2 35-59

8 $80,000 - $90,000 2 55-59

9 $90,000 - $100,000 - -

A4: Please refer to Solicitation Amendment 00001 for latest Section J – Exhibit A Employee Statistics for details.

Q5: When is this plan likely to commence.

A5: Post anticipates awarding this contract by February 1, 2024.

Q6: Our Company is finishing up the proposal for this contract.

Is the solicitation only for insurance companies or for insurance brokerage companies also?

Often the lingo is used interchangeable in the insurance world we would like to write from the brokerage if possible.

A6: Both are fine. However, the offeror to be signed in block15A of SF33 must comply with the

Licensing information as listed in Section L.4.3.2.2 in the solicitation.

File details come from the government source that posted it. Updated .