Group Mediclaim Insurance Service for Students

The eligibility requirements include being a registered insurance company with IRDAI, demonstrating financial stability and capability in managing group insurance policies, particularly those related to educational institutions.

Bidders must possess relevant certificates that prove their registration with IRDAI, along with any additional certifications that demonstrate their qualifications for handling group insurance services. All documentation must be current and accurately reflect the bidding entity’s capabilities.

To register for participation in the tender, interested parties must follow the outlined steps on the official tender platform. This typically includes filling out a registration form, submitting required documentation, and ensuring compliance with eligibility criteria.

All submissions should be made in PDF format to ensure compatibility and uniformity. Additional formats may be specified in the tender documentation if necessary, and bidders should ensure that all supporting documents are clear and legible.

The performance security requirements involve providing a financial guarantee, typically in the form of a bank guarantee or fixed deposit, which ensures the bidder’s commitment to fulfilling the obligations laid out in the contract. Details will be outlined in the tender documentation.