Attachment 3_760741-B_LTD Amend3.pdf
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- Solicitation number
- RFP 680 26-042/DJ 1
- Issued by
- Palm Beach County, Florida
About this file
This is a Group Policy Amendment filed by Standard Insurance Company for Palm Beach County Board of County Commissioners, establishing modified eligibility requirements for long-term and short-term disability insurance and term life insurance coverage. Amendment No. 3 becomes effective June 1, 2025, and applies to individuals who become Members on or after that date. The amendment modifies the Schedule of Insurance portion of the Coverage Features to establish a new Eligibility Waiting Period, under which individuals are eligible for insurance coverage on the first day of the calendar month that coincides with or immediately follows 60 consecutive days of membership. This waiting period represents the timeframe that individuals must maintain active membership status before becoming eligible to receive insurance benefits.
The amendment does not specify pricing terms, renewal options, or other financial arrangements within its scope. As an amendment to an existing group policy, it represents a modification to previously established coverage terms and conditions rather than a new contract award or procurement action. The document focuses solely on clarifying the eligibility waiting period requirement for new members under the existing group policy structure, without addressing set-asides, incumbent information, or funding sources.
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Text version
Group Policy No. 760741-B Page 1 of 1 of Amendment No. 3
GROUP POLICY AMENDMENT NO. 3
Attached to and made a part of Group Policy 760741-B issued to Palm Beach County Board of County Commissioners as Policyholder.
Effective June 1, 2025, and subject to the Active Work Provisions, the Schedule Of Insurance portion of the Coverage Features is amended to provide the following Eligibility Waiting Period for persons who become Members on or after June 1, 2025:
Eligibility Waiting Period: You are eligible on the first day of the calendar month coinciding with or next following 60 consecutive days as a Member.
Eligibility Waiting Period means the period you must be a Member before you become eligible for insurance.
STANDARD INSURANCE COMPANY
By
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