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Montgomery County approves MetLife term life renewal; county premium to rise about $9,560
Summary
The Montgomery County Commission approved a renewal of county-paid basic term life and AD&D coverage with MetLife, accepting a 9% increase in basic life rates to a projected $71,746.44 annually and a two-year rate guarantee; Risk Management recommended maintaining coverage.
The Montgomery County Commission on Jan. 28 approved renewal of the county‑paid basic group term life and accidental death and dismemberment (AD&D) coverage with Metropolitan Life Insurance Company (MetLife).
Melissa Peak, director of risk management, recommended maintaining the coverage, which provides basic term life equal to 1 times an employee’s annual salary up to…
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