Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh
A Contract Award Notice
by FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- not specified
- Value
- £646K
- Sector
- BUSINESS
- Published
- 28 May 2025
- Delivery
- not specified
- Deadline
- n/a
Concepts
Location
1 buyer
1 supplier
- American Life Insurance Dhaka
Description
This contract has been awarded to American life Insurance Company for delivering the Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh. The contract period starts from 01st May 2025 till 30th of April 2026 with a further provision for extension of the contract for two more years ( till 30th of April 2028 on 1+1+1 basis) based on satisfactory performance and continued business requirement.
Total Quantity or Scope
American Life Insurance Company has been selected to deliver a comprehensive Medical Insurance cover for staff and their immediate family members. The policy will will provide hospitalisation/in-patient and outpatient cover to all permanent and long-term contract staff employed.
Award Detail
| 1 | American Life Insurance (Dhaka)
|
Award Criteria
| Coverages Provided (including sub-limits) | 10 |
| Adherence to the Statement of Service Requirement | 10 |
| Claim Settlement Process | 10 |
| Service Level Agreement | 10 |
| Escalation Matrix & Customer Support | 05 |
| Data and Information Security and Confidentiality | 05 |
| Hospital/Clinic NetworkHospital/Clinic Network | 05 |
| Contract start date | 05 |
| A full assessment of the total price breakdown for each of the. Competitiveness of the Commercial offer in relation to the Market. | 40 |
CPV Codes
- 66512200 - Health insurance services
- 66511000 - Life insurance services
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-04dd29
- FTS 027906-2025