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GROUP LIFE RENEWAL PROPOSAL COMPARISON I
<br /> Responder BCBSI Gallagher 1 Gallagher 2 '
<br /> Insurer Fort Dearbom AIG Life ReliaStar � '
<br /> AM Best Rating A A++ A+
<br /> GrOUp Volume Life Rate AD&D Premium Life Rate AD&D Premium Life Rate AD&D Premium
<br /> Management 480,000 0.30 0.05 168.00 0.23 0.034 126.72 0.27 0.03 144.00
<br /> Library 220,000 0.30 0.05 77.00 0.23 0.034 58.08 0.27 0.03 66.00
<br /> General Service 1,910,000 0.30 0.05 668.50 0.23 0.034 504.24 0.27 0.03 573.00
<br /> Police 3,850,000 0.30 0.05 1,347.50 0.23 0.034 1,016.40 0.27 0.07 1,309.00
<br /> Firefighters 2,700,000 0.33 0.06 1,053.00 0.23 0.034 712.80 0.27 0.07 918.00
<br /> Management Salary 4,937,000 0.51 0.04 2,715.35 0.23 0.034 1,303.37 0.27 0.03 1,481.10
<br /> Total Volume 14,097,000
<br /> Total Monthly Premium 6,029.35 3,721.61 4,491.10
<br /> Total Annual Premium 72,352.20 44,659.30 53,893.20
<br /> OPTIONAL INSURANCE
<br /> Dependant Life 595 0.39 232.05 0.39 232.05 0.39 232.05
<br /> All Classes-
<br /> 2,000/2,000/1,000
<br /> Employee Optional step rates step rates step rates
<br /> Responder Acordia 1 Acordia 2 Consociate
<br /> Insurer Lafayette Life Met Life ULLICO
<br /> AM Best Rating A A+ A
<br /> GrOUp Volume Life Rate AD&D Premium Life Rate AD&D Premium Life Rate AD&D Premium
<br /> Management 480,000 0.17 0.04 100.80 0.17 0.04 100.80 0.249 0.08 157.92
<br /> Library 220,000 0.17 0.04 46.20 0.17 0.04 46.20 0.249 0.08 72.38
<br /> General Service 1,910,000 0.17 0.04 401.10 0.17 0.04 401.10 0.249 0.08 628.39
<br /> Police 3,850,000 0.17 0.04 808.50 0.17 0.04 808.50 0.249 0.08 1,266.65
<br /> Firefighters 2,700,000 0.17 0.04 567.00 0.17 0.04 567.00 0.249 0.08 888.30
<br /> ManagementSalary 4,937,000 0.17 0.04 1,036.77 0.17 0.04 1,036.77 0.249 0.08 1,624.27
<br /> Total Volume 14,097,000
<br /> Total Monthly Premium 2,960.37 2,960.37 4,637.91
<br /> Total Annual Premium 35,524.44 35,524.44 55,654.96
<br /> OPTIONAL INSURANCE 2,000/1,000
<br /> Dependant Life
<br /> All Classes- 595 0.45 267.75 0.47 279.65 0282 167.79
<br /> 2,000/2,000/1,000
<br /> Employee Optional step rates not available
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