6-Attachment 7 Claims Experience Voluntary life including Waiver Report.pdf

PDF 79 KB Posted

Attached to
Insurance including: Group Term Life, Accidental Death & Dismemberment, Short-Term and Long-Term Disability
Solicitation number
RFP01-260720B01-DISLIF-XXXXXX
Issued by
Florida

About this file

Written by GovTribe AI ·

This is a Claims Experience Voluntary Life Insurance Report for Florida Virtual School, documenting Lincoln Financial Group's supplemental life insurance coverage experience through October 2025. The report provides detailed monthly premium, claims, and enrollment data across multiple voluntary life insurance product lines, including Voluntary Life Insurance (VLI), Voluntary Child Life Insurance (VCLI), and Voluntary Spouse Life Insurance (VSLI). The group policy became effective July 1, 2019, and remains active. The report captures billing and paid premium data, paid claims experience, billed volume amounts, and the number of covered lives across the reporting periods from October 2023 through September 2025.

The voluntary life insurance products demonstrate varying claims experience across coverage types. VLI generated $1,156,551.17 in billed premiums with $130,000.00 in paid claims, resulting in a 1.62% claims ratio through the reporting period. VCLI accumulated $33,529.22 in billed premiums with $10,000.00 in paid claims (61.38% ratio), while VSLI reported $252,376.24 in billed premiums with $135,500.00 in paid claims (82.89% ratio). The employee population covered under these plans ranged from approximately 580 to 1,489 lives depending on the coverage type. An open life waiver claim is noted for a male employee born in 1965 with a disability date of February 13, 2024, involving a $280,000 face amount and $46,171.27 in reserves under the VLI plan.

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Other files

File Type Posted
2-Attachment 3 FLVS Life and DI RFP Plan Deviations 2026.xlsx XLSX spreadsheet
9-Attachment 10 Florida Virtual School Cert Final Lincoln LTD 20250701.pdf PDF
16-Attachment 17 Florida Virtual School Policy Final Lincoln LTD 20250701.pdf PDF
5-Attachment 6 Claims Experience STD and OSTD.pdf PDF
18-Attachment 1 Employee and Retiree Census.xlsx XLSX spreadsheet
12-Attachment 13 Florida Virtual School Cert Final Lincoln Vol Life 20250701.pdf PDF
4-Attachment 5 Claims Experience Basic Life and ADD including Waiver Report.pdf PDF
11-Attachment 12 Florida Virtual School Cert Cls 02 Final Lincoln Life AD D 20250701.pdf PDF
3-Attachment 4 Cost Proposal.xlsx XLSX spreadsheet
1-Attachment 2 Lincoln Financial - Self Bill Summary October 2025.docx DOCX document
14-Attachment 15 Florida Virtual School Policy Final Lincoln Vol Life 20250701.pdf PDF
19-RFP01-2604720B01-DISLIF-XXXXXX.pdf PDF
13-Attachment 14 Florida Virtual School Policy Final Lincoln Life AD D 20250701.pdf PDF
17-FORMS PACKET -ALL.pdf PDF
8-Attachment 9 Florida Virtual School Cert Final Lincoln STD 20250701.pdf PDF
7-Attachment 8 Claims Experience LTD.pdf PDF
15-Attachment 16 Florida Virtual School Policy Final Lincoln STD 20250701.pdf PDF
10-Attachment 11 Florida Virtual School Cert Cls 01 Final Lincoln Life AD D 20250701.pdf PDF
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Group Level Experience thru

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202310 $1,354.73 $1,354.73 - 5,575,000 587 -

202311 $1,362.02 $1,362.02 - 5,605,000 581 -

202312 $1,362.02 $1,362.02 - 5,605,000 581 -

202401 $1,347.44 $1,347.44 - 5,545,000 575 -

202402 $1,345.01 $1,345.01 - 5,535,000 574 -

202403 $1,347.44 $1,347.44 - 5,545,000 575 -

202404 $1,337.72 $1,337.72 - 5,505,000 571 -

202405 $1,335.29 $1,335.29 - 5,495,000 570 -

202406 $1,340.15 $1,340.15 - 5,515,000 572 -

202407 $1,359.59 $1,359.59 $10,000.00 5,595,000 579 -

202408 $1,402.11 $1,402.11 - 5,770,000 597 -

202409 $1,397.25 $1,397.25 - 5,750,000 595 -

$16,290.77 $16,290.77 $10,000.00 5,586,667 580 $0.00

Paid Claims / Paid Premium = 61.38%

Paid Claims / Billed Premium = 61.38%

Voluntary Child Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VCLI

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only - Do Not Distribute Without Permission From Lincoln Financial GroupVersion 1.0

FLVIRTUAL2

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202410 $1,404.54 $1,404.54 - 5,780,000 598 -

202411 $1,416.69 $1,416.69 - 5,830,000 603 -

202412 $1,421.55 $1,421.55 - 5,850,000 605 -

202501 $1,422.77 5,855,000 605 -

202502 $1,419.12 $1,422.77 - 5,840,000 604 -

202503 $1,434.92 $1,419.12 - 5,905,000 611 -

202504 $1,439.78 $1,434.92 - 5,925,000 613 -

202505 $1,439.78 $1,439.78 - 5,925,000 613 -

202506 $1,434.92 $2,874.70 - 5,905,000 611 -

202507 $1,467.72 6,040,000 623 -

202508 $1,468.94 $1,467.72 - 6,045,000 623 -

202509 $1,467.72 $1,468.94 - 6,040,000 623 -

$17,238.45 $15,770.73 $0.00 5,911,667 611 $0.00

Paid Claims / Paid Premium = 0.00%

Paid Claims / Billed Premium = 0.00%

Voluntary Child Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VCLI

Cvg Sub-total Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

VCLI $33,529.22 $32,061.50 $10,000.00 5,749,167 595 $0.00

Voluntary Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VLI

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202310 $43,378.20 $43,378.20 - 202,928,000 1,394 -

202311 $43,534.63 $43,534.63 - 204,258,000 1,403 -

202312 $43,665.58 $43,665.58 - 205,258,000 1,407 -

202401 $43,716.25 $43,716.25 - 205,778,000 1,409 -

202402 $43,538.34 $43,538.34 - 2,062 1,399 $46,171.27

202403 $43,514.47 $43,514.47 - 206,445,500 1,400 -

202404 $43,517.77 $43,517.77 - 205,785,500 1,399 -

202405 $43,622.39 $43,622.39 - 206,245,500 1,403 -

202406 $43,703.80 $43,703.80 - 207,143,000 1,409 -

202407 $48,492.19 $48,492.19 - 214,952,000 1,430 -

202408 $49,369.17 $49,369.17 - 219,398,000 1,461 -

202409 $49,040.44 $49,040.44 $120,000.00 219,619,000 1,462 -

$539,093.23 $539,093.23 $120,000.00 191,484,380 1,415 $46,171.27

Paid Claims / Paid Premium = 22.26%

Paid Claims / Billed Premium = 22.26%

Voluntary Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VLI

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202410 $49,173.70 $49,173.70 - 220,969,000 1,471 -

202411 $49,444.32 $49,444.32 - 221,949,000 1,479 -

202412 $49,617.78 $49,617.78 - 222,389,000 1,483 -

202501 $49,699.47 222,499,000 1,485 -

202502 $49,706.63 $49,699.47 - 222,529,000 1,475 -

202503 $50,060.34 $49,706.63 - 224,798,000 1,487 -

202504 $50,163.98 $50,060.34 - 225,321,500 1,487 -

202505 $50,074.14 $50,163.98 - 225,803,000 1,489 -

202506 $49,788.66 $99,862.80 - 225,358,000 1,485 -

202507 $56,565.45 235,155,500 1,509 -

202508 $56,598.02 $56,565.45 $10,000.00 235,585,500 1,509 -

202509 $56,565.45 $56,598.02 - 235,155,500 1,509 -

$617,457.94 $560,892.49 $10,000.00 226,459,333 1,489 $0.00

Paid Claims / Paid Premium = 1.78%

Paid Claims / Billed Premium = 1.62%

40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

Cvg Sub-total Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

VLI $1,156,551.17 $1,099,985.72 $130,000.00 208,971,857 1,452 $46,171.27

Voluntary Spouse Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VSLI

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202310 $9,533.06 $9,533.06 - 36,986,875 671 -

202311 $9,611.32 $9,611.32 - 37,201,875 675 -

202312 $9,622.34 $9,622.34 - 37,376,875 677 -

202401 $9,660.59 $9,660.59 $25,000.00 37,586,875 678 -

202402 $9,734.81 $9,734.81 - 37,791,875 667 -

202403 $9,733.72 $9,733.72 - 37,675,375 665 -

202404 $9,726.01 $9,726.01 - 37,495,375 663 -

202405 $9,694.03 $9,694.03 - 37,255,375 662 -

202406 $9,672.87 $9,672.87 - 37,114,850 660 -

202407 $10,705.50 $10,705.50 - 38,276,850 662 -

202408 $10,757.80 $10,757.80 - 38,651,850 671 -

202409 $10,617.96 $10,617.96 - 38,307,350 667 -

$119,070.01 $119,070.01 $25,000.00 37,643,450 668 $0.00

Paid Claims / Paid Premium = 21.00%

Paid Claims / Billed Premium = 21.00%

Voluntary Spouse Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VSLI

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Date Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

202410 $10,655.96 $10,655.96 - 38,557,350 672 -

202411 $10,699.92 $10,699.92 - 38,762,350 678 -

202412 $10,766.64 $10,766.64 - 38,834,850 680 -

202501 $10,800.66 38,946,100 683 -

202502 $10,768.99 $10,800.66 - 38,873,100 676 -

202503 $10,696.08 $10,768.99 - 38,974,350 676 -

202504 $10,744.37 $10,696.08 - 39,114,350 678 -

202505 $10,767.31 $10,744.37 - 39,204,350 680 -

202506 $10,774.63 $21,541.94 $500.00 39,303,850 681 -

202507 $12,209.45 41,528,663 703 -

202508 $12,212.77 $12,209.45 $90,000.00 41,528,663 703 -

202509 $12,209.45 $12,212.77 $20,000.00 41,528,663 703 -

$133,306.23 $121,096.78 $110,500.00 39,596,387 684 $0.00

Paid Claims / Paid Premium = 91.25%

Paid Claims / Billed Premium = 82.89%

Voluntary Spouse Life Supplemental Life 40-0252135-00000 Eff. Date: 7/1/19 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

VSLI

Cvg Sub-total Billed Premium Paid Premium Paid Claims Billed Volume Billed Lives Reserves

VSLI $252,376.24 $240,166.79 $135,500.00 38,619,918 676 $0.00

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Group Level Experience

Report Run Date: 10/14/2025 Confidential/Proprietary Information - For Intended Recipients' Use Only -

Life Waiver Report thru

LI

01-0252133-00000 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

Eff. Date: 7/1/19

Date Claim Status Gender YOB Date of Disability Face Amount Reserves

202402 OPEN M 1965 2/13/24 $40,000.00 $6,595.90

Basic Life Basic Life

VLI

40-0252135-00000 Active

FLORIDA VIRTUAL SCHOOL FLVIRTUAL2

Eff. Date: 7/1/19

Date Claim Status Gender YOB Date of Disability Face Amount Reserves

202402 OPEN M 1965 2/13/24 $280,000.00 $46,171.27

Supplemental Life Voluntary Life

FLVIRTUAL2Confidential/Proprietary Information - For Intended Recipients' Use Only -

Report Run Date: 10/14/2025

Group Level Experience
FLVIRTUAL2
40-0252135-00000
VCLI
9
noname
VLI
9
noname
VSLI
9
noname
Life Waiver Report
FLVIRTUAL2
FLORIDA VIRTUAL SCHOOL
01-0252133-00000
LI
40-0252135-00000
VLI

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