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TENDER MEDICLAIM

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TENDER MEDICLAIM Powered By Docstoc
					P&A/MCI/ (1)/10                                                                        Date: - 04.09.2010

01.    M/s. United India Insurance Co. Ltd,
02.    M/s. Oriental Insurance Co. Ltd.
03.    M/s. National Insurance Co. Ltd.
04.    M/s. ICICI Lombard General Insurance Co. Ltd.
05.    M/s. IFFCO – Tokyo General Insurance Co. Ltd.
06.    M/s. New India Assurance Co. Ltd.
07.    M/s. Cholamandalam MS General Insurance

Sir,

Sub :- Tender Notice for Group Mediclaim Insurance Policy for Retired Employees.

Sealed quotations superscribing “Quotation for renewal of Mediclaim Policy” are invited by the undersigned for
renewal of Group Mediclaim Policy covering retired employees of Kochi Unit of HOCL and their spouses (Total 104
nos.) and others for the period from 01.10.2010 to 30.09.2011 under the following terms and conditions and will
be received up to 3.00 P.M. on 22.09.2010.

A)       THE POLICY

A Group Mediclaim Insurance Scheme is in existences in our company since 01.10.1994 to extend cashless as well
as reimbursement of hospitalisation expenses facility, including coverage of pre-existing diseases to the retired
employees of the company and their spouses. A Group Mediclaim Insurance Policy was taken by our Head Office
at Rasayani covering the retired employees of all the Units of the Company and renewed from time to time. The
current Policy covering 704 members taken from M/s. ICICI Lombard General Insurance Company, Mumbai by
Head Office with an annual premium of Rs.19,57,752/- , is due for renewal w.e.f. 01.10.2010. In order to have
better administration of the scheme it has been decided to take Group Mediclaim Policy separately for the
employees who retired from Kochi Unit. The period of existing policy in which the employees who retired from
Kochi Unit are also covered, is from 01.10.2009 to 30.09.2010 and we would like to continue the said policy for
the retired employees of Kochi Unit and their spouses without break for further period of one year from
01.10.2010.

B)         SCOPE

A Group Mediclaim Insurance Policy to extend cashless as well as reimbursement of hospitalisation expenses
facility, including coverage of pre-existing diseases to the retired employees and their spouses (104 Nos.) and the
employees who will be retiring during the period from 01.10.2010 to 30.11.2011 (12 Nos.) and their spouses who
become member of the scheme.

C)       SUM INSURED

coverage of sum insured of Rs.1, 00,000/- per head per year from renewal date of the Policy i.e. 01.10.2010
including pre - existing disease coverage & 30/60 days pre & post coverage and excluding domiciliary treatment.


                                                                                                              ...2/-
                                                           -2-

D) PERIOD

The period of Group Mediclaim Insurance Policy shall be for One year i.e. from 01.10.2010 to 30.09.2011.

E) MEMBERS TO BE COVERED

(i)         There are 104 nos. of different age group to be covered under this policy. The age group wise details are
            given under:-

       Age Group          No. of Members
        40-49                      02
        50-54                      17
        55-59                      43
        60-64                      31
        65-69                      09
        70-74                      02
        ____________________________
        Total                      104

(ii)        The employees retiring during the policy period i.e. from 01.10.2010 to 30.11.2011 (12 Nos.) and their
            spouses, if they become member of the scheme shall also be covered under the policy on intimation from
            HOCL.

F) HOW TO QUOTE

Quotations shall be submitted separately for the existing 104 members and future retirement cases as per the
details given below:-

(i)       Quotation for 104 members: - May be quoted a lumpsum amount as premium for one year .

(ii)      Quotation for future members:- Since all the employees retiring during the policy period need not opt for
          the policy and also the date of retirement varies, the premium per head per month may be quoted.

G) TERMS AND CONDITIONS

i)          Submission of Tender: The tenders shall be either deposited in the tender box kept in the office of the
            undersigned or send by post so that tender shall reach to the undersigned before 3.00 pm. On
            22.09.2010.

ii)         Opening of Tenders: Tenders shall be opened in the presence of available bidders at 4.00 pm on
            22.09.2010. The venue of opening of tender shall be the Training Centre of HOCL, Ambalamugal

(iii)       The bidder is expected to quote the premium amount and service tax if any,

(iv)        Late and incomplete quotations shall not be accepted under any circumstances.

You are requested to quote your lowest premium amount for the above policy and submit the same before the
due date.

Thanking You,

Yours faithfully,
For HINDUSTAN ORGANIC CHEMICALS LTD

DY. GENERAL MANAGER (P&A)

(This is a limited tender floated to limited number of vendors in our Vendor’s list. Parties who are responding
against this tender will be considered for inclusion in our Vendor list for further requirements)

				
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