RFP_31786-00193_Appendix_7.15.xlsx

This is a Voluntary Term Life Census document from the State of Tennessee Department of Finance and Administration for RFP 31786-00193, detailing employee enrollment data as of June 2026. The census covers voluntary term life insurance coverage for State Government and State Higher Education agency employees, reporting active enrollment across multiple benefit categories. As of June 2026, the voluntary term life program includes 12,132 employee lives with approximately $2.03 billion in coverage, 5,094 spouse lives covering approximately $110.1 million, and 8,143 child rider lives covering approximately $74.4 million. The RFP itself has a proposal due date of November 13, 2026 at 2:00 p.m. Central Time, with contract execution scheduled for January 1, 2028 through December 31, 2032, and a claims run-out period extending through June 30, 2034. A pre-response conference is scheduled for August 31, 2026, and the Notice of Intent to Award is expected January 28, 2027. The contract encompasses voluntary term life insurance, voluntary accidental death and dismemberment (AD&D) insurance, and basic term life with basic AD&D insurance (employer-paid through minimum premium arrangement) for eligible employees and their dependents.

The census data presented in this appendix identifies individual covered lives by policy unit, contract ID, contract effective date, member status, contract status effective date, demographics (gender and age as of June 2026), member/spouse designation, billing type (primarily "GROUP" for all active employees), policy class, salary information, supplemental life coverage amounts, and child life rider amounts. The incumbent carrier is Minnesota Life Insurance Company (Securian Financial) under policy numbers 34175 (Voluntary Term Life), 34294 (Basic Term Life & AD&D), and 34295 (Voluntary AD&D). Evaluation criteria allocate 10 points for general qualifications and experience, 40 points for technical qualifications and approach, and 50 points for cost proposal, with the award going to the responsive and responsible bidder offering the best overall value rather than necessarily the lowest cost. Respondents must hold a current Tennessee Certificate of Authority, demonstrate at least six years of experience providing life and AD&D insurance to at least five employer accounts with one account serving a minimum of 10,000 members, and maintain call center operations in the contiguous United States with specified service level agreements and system integrations with the state's Edison platform.