RFP%2031786-00193%20Appendix%207.14%20Voluntary%20Term%20Life%20Enrollment%20History%202018%20-%20June%202026.pdf

This is an enrollment history and coverage report for voluntary term life insurance administered by Minnesota Life Insurance Company (a Securian Company) for the State of Tennessee under RFP 31786-00193. The document provides detailed enrollment data and coverage volumes for the period of January 1, 2026 through June 30, 2026, covering Policy Number 34175. The report tracks multiple insurance product lines including Employee Voluntary Term Life Insurance, Spouse Voluntary Term Life Insurance, Voluntary Child Term Life Rider, and corresponding ported coverage options. As of the reporting period, the state maintains 12,132 employee lives covering approximately $2.03 billion in volume, 5,094 spouse lives covering approximately $110.1 million, and 8,143 child rider lives covering approximately $74.4 million, with total coverages across all products reaching 25,369 lives and $2.21 billion in volume. The report also captures ported coverage data across employee, spouse, and child rider categories.

The document serves as a supporting exhibit demonstrating historical enrollment trends and current coverage levels under the existing voluntary life insurance program from 2018 through June 2026. This enrollment data provides prospective bidders with critical baseline information regarding participation rates, coverage volumes, and demographic distribution necessary for underwriting purposes and pricing competitive proposals. The report reflects the incumbent carrier's administration of the voluntary benefits program and establishes the current market conditions and employee participation patterns that will inform future contract negotiations and rate proposals.