Group Term Life Insurance

The Florida Department of Management Services (Department) is issuing a Request for Proposal (RFP) for Group Term Life Insurance. The procurement is for the Division of State Group Insurance and covers the jurisdictions of Leon County and the city of Tallahassee. The RFP seeks proposals for group term life insurance products and services, with key objectives including providing comprehensive coverage and competitive pricing. Qualified respondents must have experience providing group term life insurance and demonstrate the ability to meet the Department's requirements. The evaluation criteria include the proposed solutions, qualifications and experience, and pricing. The RFP timeline has been revised, with the public opening scheduled for July 5, 2023, the anticipated evaluation phase from July 6-14, 2023, and the anticipated contract implementation date of January 1, 2024.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. The incumbent vendor or current contractor is not identified. The RFP also does not provide any information on the award value or budget range for this procurement. Interested parties should thoroughly review the RFP and attached Addendum No. 3 for complete details on the requirements, timeline, and submission instructions.