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PDF - Corrigendum - Request for Proposal (RFP) for the Group Term Life Insurance Policy for Employees of Reserve Bank of India February 01, 2021 – January 31, 2022 ()
Date : Dec 24, 2020
Corrigendum - Request for Proposal (RFP) for the Group Term Life Insurance Policy for Employees of Reserve Bank of India February 01, 2021 – January 31, 2022

Corrigendum dated January 04, 2021

E-tender No. - RBI/Central Office/HRMD/31/20-21/ET/361

Please refer to the RFP notice for the captioned work published on the RBI Website on December 15, 2020 inviting application from bidders, through e-tender on MSTC Portal (https://www.mstcecommerce.com/eprochome/rbi/).

2. The Claims data mentioned at page no.12 & 13 of the tender document has been modified and furnished below for reference:

Existing data Revised data
Claim settlement data for the last three years of Compulsory Cover- Claim settlement data for the last three years of Compulsory Cover-
Policy Year No. of Claims received No. of Claims settled Settled Amount (INR)
2018-19 5 5 1,37,50,000
2019-20 2 2 25,00,000
2020-21 (till date) 1* 0 25,00,000
*One claim is in pending stage due to want of some documents
Policy Year No. of Claims received No. of Claims settled Settled Amount (INR)
2018-19 5 5 1,37,50,000
2019-20 2 2 25,00,000
2020-21 (till date) 1 1 25,00,000
Claim settlement data for the last three years of Voluntary cover- Claim settlement data for the last three years of Voluntary cover-
Policy year No. of Claims received No. of Claims settled Settled Amount (INR)
2018-19 5 5 1,37,50,000
2019-20 3 3 1,37,50,000
2020-21 (till date) 0 0 0
Policy year No. of Claims received No. of Claims settled Settled Amount (INR)
2018-19 5 5 1,37,50,000
2019-20 3 3 1,37,50,000
2020-21 (till date) 1 0* 25,00,000**
(* pending for want of some documents ** claim amount)

Note: All other provisions and terms and conditions of the RFP remains unchanged



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