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

Geochart for 1 buyers and 1 suppliers

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)
  • Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh
  • Reference: 027906-2025-cpg-11914-2024-1
  • Value: £645,696

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

Domains