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INSURANCE \\ NYS Disability Income Replacement – ShelterPoint – 5-18-2020
RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE,
INC., TO INSURE THE TOWN OF QUEENSBURY’S
NEW YORK STATE DISABILITY INCOME REPLACEMENT INSURANCE
WITH SHELTERPOINT LIFE INSURANCE COMPANY
RESOLUTION NO.: _____________________________________________________, 2020
INTRODUCED BY: _____________________________________________________
WHO MOVED ITS ADOPTION
SECONDED BY: _______________________________________________________
WHEREAS, Marshall & Sterling Upstate, Inc., (Marshall & Sterling) is the Town of
Queensbury’s general insurance agent and as such solicited for quotations from insurers for the Town’s
New York State Disability Coverage, and
WHEREAS, Marshall & Sterling has advised that ShelterPoint Life Insurance Company
submitted the lowest responsible proposal, and
WHEREAS, the Town Board wishes to therefore authorize the insuring of the Town’s New
York State disability income replacement insurance with ShelterPoint Life Insurance Company
effective July 1, 2020 as set forth in ShelterPoint Life Insurance Company’s 02/18/2020 Quote #:
28034 presented at this meeting,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes Marshall & Sterling
Upstate, Inc., to insure the Town of Queensbury’s New York State disability income replacement
insurance with ShelterPoint Life Insurance Company effective July 1, 2020 in accordance with
ShelterPoint Life Insurance Company’s 02/18/2020 Quote #: 28034 substantially in the form presented
at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Town Budget Officer to execute any documentation and take any actions necessary to effectuate the
terms of this Resolution.
th
Duly adopted this 18 day of May, 2020, by the following vote:
AYES :
NOES :
ABSENT:
�� ShelterPoint Life Insurance Company
HELTERPOI
New York DBL Quote#: 28034
Cost & Benefit Proposal
Date: 02/18/2020
Insured: TOWN OF QUEENSBURY
Broker Name/Number: MARSHALL&STERLING UPSTATE INC-0000-6761
Rate: $0.33/$100 (2 year rate guarantee)
Requested Effective Date: 07/01/2020
Rate Guarantee: 1 Year
Billing Mode: Quarterly in Arrears
Employee Count: 129 Male/62 Female
Estimated Annual DBL Premium: $7,660.00
DBL Waiting Period: 7 Days for Accident or Injury/7 Days for Sickness
DBL Weekly Benefit: 50%of Weekly Earnings to a Maximum Benefit of$170
DBL Maximum Period Payable: 26 Weeks*
Notes/Comments:
Online Services for Policyholders and Insureds
Check status of claims and claim payments • Download DB-120.1 and DB-120 • Download a duplicate DBL bill • View
your premium payment history• Pay premiums online with our E-pay feature • Access to Third Party Sick Pay Reports
for Employers
Employees can manage their DBL claim 24/7 on our Claim Portal—available online and as a mobile app!
Assumptions and Disclaimers
1. Quotes are valid for 60 days.
2. The Company may establish new premium rates as of the effective date of any amendment to the Disability Benefit Law which
affects or alters the Company's obligation under this policy.
3. The Company may establish new premium rates in the event that the sold group's population changes+/-15%from the time of
quoting.
4. This is a proposal. It is not a contract.This quotation is for illustrative purposes only and provides a general overview of the
services described.All coverage extends up to policy limits.Please refer to the policy for provisions,conditions and exclusions.
5. In the event of conflicting information with the policy,the policy will take precedent over what is shown in this material.
6. Underwritten by ShelterPoint Life Insurance Company.
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Your employees with a DBL/PFL claim can now Ask your employees to sign
create a free online account for around-the-clock up once they receive their
access to: claim number.
. Find out if they are eligible for benefit payn3erts Registration is fast and easy—
• View their current claim status and see if they need to take airy action they just need their:
to assure continued processing of their claim
1. Claim number
• Upload forms
2. Social Security Number
• See when their next check will be sent(OBI only)
3.Valid email address
• Check the history of the benefit payments we've issued
• See which forms we sent and which forms we've received ShelterPoint Claim Portal
• See important notifications regarding their claim now available as a mobile app!
• Sign up for alerts via email when they need to take action Search'Shelter Point Claims"to download the ape.
* Sign up to receive claim forms electronically
Download on the GET IT ON
• Easily toggle between their DBL&PFL claims $ App Store r. Google Play
...and much more!
App Advantages:
Let your employees know now! • Snap a picture of your form and upload it.
It gets to our claim examiners immediately
www.shelterpoint.com/ClaimPortal * Get push notifications on your home screen
c.,1- SHELTERPOINT
www.shelterpoint.com sales@sheiterpoint.com 800. 6 . 16.82 8.mo
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sheltering you faceboolc.com;slielterpointgroup