Short-Term Disability Insurance Provider

The contract seeks a provider to deliver a 24-hour short-term disability insurance plan offering 60 percent income replacement, with a maximum weekly benefit of $1,400. The policy must use an own-occupation definition of disability, ensuring benefits are paid if the insured cannot perform the material duties of their specific job, regardless of their ability to work in another occupation. Additionally, the plan must include a waiver of premium, which suspends premium payments during the period the insured is receiving disability benefits. This requirement is part of a subcontract under the Virginia agency Employee Benefits and Risk Management, with a response deadline of July 13, 2026, and the solicitation is classified under NAICS code 524126 for insurance carriers and related activities.