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Date : Feb 17, 2023
Corrigendum - Corporate Overseas Travel Insurance for employees of Reserve Bank of India from April 01, 2023 to March 31, 2024, Mumbai

Corrigendum dated March 17, 2023

Corrigendum dated March 08, 2023

E-tender No. - RBI/Central Office/HRMD/8/22-23/ET/617

Please refer to the RFP notice for the captioned work published on the RBI Website on January 31, 2023 inviting application from bidders, through e-tender on MSTC Portal (https://www.mstcecommerce.com/eprochome/).

2. In this connection, it is hereby informed that following instructions have been revised as under:

Sr. No Section Existing Instructions Revised Instructions
1 Annexure III clause iii Page 27 Travel days approximate under the current policy is 1800+ days Travel days approximate under the current policy is 4300+ days
2 Annexure III Page 27 Claim settlement data for the last three years of Compulsory Cover:

Policy year No. of Claims reported No. of Claims Settled Claim Status Reason Amount settled
(in INR)
2020-21 3 2 Paid Medical Inpatient and Surcharges / State fee ₹6,26,825/-
2021-22 3 2 Paid Medical In-patient ₹19,048/-
2022-23 8 3 3-Paid,
3-Open
Delay of Checked-in Baggage, Medical Expenses and Trip Cancellation ₹36,091/-
Claim settlement data for the last three years of Compulsory Cover:

Policy year No. of Claims reported No. of Claims Settled Claim Status Reason Amount settled
(in INR)
2020-21 3 2 Paid Medical Inpatient and Surcharges / State fee ₹6,26,825/-
2021-22 3 2 Paid Medical In-patient ₹19,048/-
2022-23 9 5 5*-Paid, 1 #-Open Delay of Checked-in Baggage, Medical Expenses and Trip Cancellation ₹8,32,857/-

* ₹1,63,338/- amount is outstanding of the total claim amount for ₹7,96,204/.
# - One Claim of ₹18,06,901/- is under process with nature of claim being ‘Medical evacuation’

3. All other terms and conditions of the RFP shall remain unchanged.

Chief General Manager (Officer-In-Charge)
HRMD, Reserve Bank of India

Date: February 17, 2023



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