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371 <br />REGULAR MEETING <br />DECEMBER 18, 1989 <br />PROPOSAL: <br />Long Term Disability: <br />Life: <br />AD&D <br />$3,438.62 monthly cost <br />$6,920.56 monthly cost <br />$ 753.06 monthly cost <br />Additionally, Ms. Sarah A. Gagan, Group Sales Representative, <br />Unum, submitted the following Proposal: <br />PROPOSAL: <br />Long Term Disability: $3,159.81 monthly cost <br />Life: $6,562.60 monthly cost <br />AD&D: $ 753.06 monthly cost <br />BATH ASSOCIATES INSURANCE <br />The Bath Building <br />P.O. Box 1557 <br />South Bend, Indiana 46634 <br />Proposal was submitted by Mr. Tony Xouris, Vice President, <br />Employee Benefits and is as follows: <br />PROPOSAL: <br />Life - <br />AD&D <br />$.53/$1,000 <br />$.08/$1,000 <br />Annual Specific Stop -Loss Premium for a $60,000 deductible <br />per person based on $7.11 per employee and $17.78 per family: <br />$196,621.00 <br />Pre -Certification - COBRA: $1.95 $ 28,571.00 <br />Annual Aggregate Stop -Loss Premium <br />Calculated at $1.80 per employee: $ 26,374.00 <br />Monthly Administration Fees: <br />Based on $8.50 per employee per month $124,642.00 <br />It is noted that this Proposal contained three (3) pages of <br />costs for various type of coverage <br />BENEFIT TRUST LIFE INSURANCE COMPANY <br />STARCK INSURANCE AGENCY, INC. <br />South Bend Office <br />1030 East Jefferson Boulevard <br />P.O. Box 1467 <br />South Bend, Indiana 46624 <br />Proposal was submitted by Mr. William J. Starck, III, <br />President and is as follows: <br />PROPOSAL: <br />Life Benefit: <br />Employee: $ 6,085.32 monthly premium <br />Total Life: $73,023.84 annual premium <br />AD&D: <br />Employee: $ 9,036.72 annual premium <br />Long Term Disability: $61,1337.64 <br />$60,000 Individual Stop -Loss <br />Total individual stop -loss $165,362.40 <br />Aggregate Stop -Loss (Payable in Advance) $ 17,400.00 <br />Total Annual Premium $326,160.60 <br />