Group Personal Accident Insurance Service for Students
Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial
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Tender Description
Tender Title: Group Personal Accident Insurance Service for Students
Reference Number: 1cfd28b94
Issuing Authority: Department of Higher Education, Ministry of Education
The Department of Higher Education invites bids for the provision of Group Personal Accident Insurance Services for Students. This tender seeks a comprehensive insurance solution to cover a total of 2,500 students under various accident-related scenarios including permanent total disability, permanent partial disability, and temporary disabilities.
Scope of Work and Objectives
The primary objective of this tender is to ensure that all enrolled students are provided with financial protection in case of unforeseen accidents that could lead to varying degrees of disabilities. The selected service provider will be required to create an effective insurance plan that covers a wide range of accident scenarios, offering peace of mind to students and their families. This insurance service is a crucial step towards enhancing the overall safety and security of students in higher education.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered and licensed insurance provider, with previous experience in personal accident insurance. Bidders should also demonstrate financial stability, have necessary certifications, and meet any specific criteria as established by the Department of Higher Education.
To successfully submit a bid for the Group Personal Accident Insurance Services, bidders must provide valid registration that confirms their status as an authorized insurance provider. Additionally, compliance with any applicable standards and certifications pertinent to the insurance industry is essential.
The registration process involves submitting an online bid through the official tender portal. After registering, ensure you upload all required documents, including your proposal, financial statements, and any certificates proving your compliance with eligibility criteria.
Bidders must submit documents in PDF or JPG formats, ensuring that all entries are legible and in accordance with the document submission guidelines outlined in the tender. Adherence to format specifications is critical to avoid disqualification.
The tender outlines technical specifications that include coverage limits, exclusion criteria, and claims processing protocols. Insurance providers must meet minimum quality standards and show a clear commitment to customer service by detailing their support mechanisms in the proposal submission. Compliance with all relevant regulatory standards is mandatory to ensure peace of mind for policyholders.
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