About this opportunity
AI summaryThe University of Alaska seeks a qualified insurance carrier to deliver a comprehensive Life Insurance program for approximately 4,300 benefit-eligible employees and their dependents. The program scope includes fully non-contributory Basic Life coverage with a $100,000 benefit and insured disability premium waiver, voluntary employee-paid Supplemental Life coverage up to $600,000, and voluntary Accidental Death and Dismemberment insurance. The selected contractor must provide a seamless no-loss/no-gain transition grandfathering existing enrollees, deliver multi-year fixed rate guarantees aligned with the state fiscal year, and supply an employer portal for claims tracking and management. Only onshore United States organizations are eligible to submit proposals for this offsite work. Applicants must upload mandatory submittal forms A through H covering qualifications, technical approach, performance guarantees, and pricing. The deadline to submit questions is November 17, 2026, at 5:00 PM AKST, and final proposals are due by November 30, 2026, at 12:00 PM AKST.
Buyer and opportunity details
- Client
- The University of Alaska
Scope of work
- Fully non-contributory Basic Life coverage ($100,000 benefit) with insured waiver of premium for total disability
- Voluntary employee-paid Supplemental Life coverage in increments up to $600,000 with guaranteed issue provisions
- Voluntary Accidental Death & Dismemberment (AD&D) coverage
- Coverage for eligible employees and benefit-eligible dependents across three regional universities, community colleges, and rural research sites
- A no-loss/no-gain transition grandfathering current enrollees, active coverage amounts, and benefit elections without re-underwriting
- Online technology including an employer portal for claims tracking, reporting, and management
- An online forms library and direct administrative support compatible with internal benefit enrollment and eligibility processes
- Multi-year fixed rate guarantees backed by contractual performance guarantees
Minimum qualifications
- Qualified insurance company or carrier
Documents to include with your response
- Submittal Form A – Background, Declarations, & Certifications
- Submittal Form B – Alaska Preferences For Non-Federally Funded Projects
- Submittal Form C – Technical Approach and Implementation Plan
- Submittal Form D – Qualifications & Experience of the Firm
- Submittal Form E – Qualifications & Experience of the Key Personnel
- Submittal Form F – Obstacles, Challenges, & Risks
- Submittal Form G – Life Performance Guarantees
- Submittal Form H – Pricing Schedule
Key dates
- Open Date
- Oct 30th 2026, 2:00PM AKDT
- Questions Due Date
- Nov 17th 2026, 5:00PM AKST
- Close Date
- Nov 30th 2026, 12:00PM AKST
How to submit
- Method
- Electronic vendor file upload
- Instructions
- Mandatory submittal documents must be uploaded in PDF format.
Contract details
- Term
- Multi-year fixed rate guarantees aligned with the State of Alaska fiscal year (July 1 to June 30)
- Place of performance
- Across the University system statewide, including University of Alaska Fairbanks, University of Alaska Anchorage, University of Alaska Southeast, community colleges, and rural research sites