TELANGANA STATE HOUSING CORPORATION LTD, H.NO 3-6-184, STREET NO.17, HIMAYATNAGAR, HYDERABAD 500029

EXPRESSION OF INTREST (Notice No.A3/1905/2016 )

Sealed quotations are invited from the Health Insurance companies on tailor made floater group insurance policy for Corporation employees for the year 2016-17 on or before 05.10.2016 up to 4.00 pm, with the following terms and conditions.

CONDITIONS

  1. The Insurance Company shall furnish a copy of the registration certificate with IRDA.
  2. The Insurance Company shall furnish the copy of TAN number.
  3. The Sum insured per family is Rs.2,00,000.
  4. Family consists of Employee, spouse, two dependent children and two dependant parents (1+5) members. Third child wherever proposed is covered, subject to family size not exceeding 6 persons.
  5. First 30 days waiting period shall be waived.
  6. First 2 years and 4 years waiting ailments shall be waived off.
  7. Policy shall cover all pre-existing diseases.
  8. Age limit is 3 months to 80 years.
  1. Parents age more than 80 years and less than 90 years Co-Payment of 10% shall be paid by the policy holder on the total amount to be considered/payable as per policy.
  2. Parents age more than 90 years and less than 100 years- Co-Payment of 20% shall be paid by the policy holder on the total amount to be considered/payable as per policy.
  1. The policy shall provide cashless facility all over India in any recognized hospitals.
  2. The ID Cards shall be issued to all the members of the policy on providing of photograph of each member.
  3. The Policy shall provide 30 days pre-hospitalization and 60 days post hospitalization expenses also.
  4. The Policy shall provide addition/deletion of members at any time, and the premium would be adjusted accordingly.
  5. The policy would be valid throughout the country.
  6. The policywill be in force for one year from the date of issue of cheque in favour of the insurance company.
  7. Claims shall be cleared before discharging the patient from hospitals.
  8. Premium to be paid per each family shall be clearly mentioned for a sum insured of Rs.2.00 Lakhs.
  9. Room rents in hospitals and packages shall be clearly determined.
  10. In addition to the above, any other facilities those are willing to be provided by the insurance company may be specifically mentioned without additional premium.
  11. At present, the total no.of employees working in TSHCL is 845. (List of employees along with details of their family members are appended)
  12. The sealed quotations shall be dropped in the tender box provided in the chambers of the General Manager(Admn.), 4th floor of the TSHCL.
  13. The Insurance company shall submit their willingness to the Managing Director, TSHCL, in the sealed coverin their letter pad along with their offer rate (format appended).
  14. Further details if any required can be contacted to the following address and phone numbers.

Telangana State Housing Corporation Limited,

H.No.3-6-184, Street No.17,

Himayathnagar,

Urdugally,

Hyderabad – 500 029

Phone No.: 040-23228932

CHIEF ENGINEER

(To be submitted on the Letter pad of concerned firms with seal,

authorized name & signature in sealed cover)

OFFER LETTER

To

The Managing Director,

Telangana State Housing Corporation Limited,

H.No.3-6-184, Street No.17,

Himayathnagar, Urdugally,

Hyderabad – 500 029

Lr.No. ______

Sir,

Sub.:- TSHCL - Providing of Group Health Insurance scheme to the employees of Corporation – Submission of willingness for participating to the EOI and rate offered – Reg.

Ref.:- EOI Notice No.A3/1905/2016, dt.28.09.2016

***

In response to the EOI, we are submitting our willingness to participate in EOI for providing Tailor made Floater Group Health Insurance policy to the employees of Corporation.

Further, we have gone through the terms and conditions laid in EOI and duly offering our rate with point wise remarks.

Sl.
No. / Item / Remarks
1 / The Insurance Company shall furnish a copy of the registration certificate with IRDA. / Furnished / Not furnished
2 / The Insurance Company shall furnish the copy of TAN number. / Furnished / Not furnished
3 / Family consists of Employee, spouse, two dependent children and two dependant parents (1+5) members. Third child wherever proposed is covered, subject to family size not exceeding 6 persons. / Agreed / Not agreed
4 / Policy covers all pre-existing diseases. / Agreed / Not agreed
5 / First 30 days waiting period is waived hence covered earlier policy. / Agreed / Not agreed
6 / Age limit is 3 months to 80 years.
a / Parents age more than 80 years and less than 90 years Co-Payment of 10% shall be paid by the policy holder on the total amount to be considered/payable as per policy. / Agreed / Not agreed
b / Parents age more than 90 years and less than 100 years- Co-Payment of 20% shall be paid by the policy holder on the total amount to be considered/payable as per policy. / Agreed / Not agreed
7 / The policy shall provide cashless facility all over India in any recognized hospitals. / Agreed / Not agreed
8 / The ID Cards issued to all the members of the policy on providing of photograph of each member. / Agreed / Not agreed
9 / The Policy shall provide 30 days pre-hospitalization and 60 days post hospitalization expenses also. / Agreed / Not agreed
10 / The Policy shall provide addition/deletion of members at any time, and the premium would be adjusted accordingly. / Agreed / Not agreed
11 / The policy would be valid throughout the country. / Agreed / Not agreed
12 / The policy will be in force for one year from the date of issue of cheque in favour of the insurance company. / Agreed / Not agreed
13 / Claims shall be cleared before discharging the patient from hospitals / Agreed / Not agreed
14 / Room rents in hospitals and packages shall be clearly determined. / Agreed / Not agreed
15 / In addition to the above, any other facilities those are willing to be provided by the insurance company may be specifically mentioned without additional premium. / Agreed / Not agreed
16 / At present, the total no.of employees working in TSHCL is 845. (List of employees along with details of their family members are appended) / Agreed / Not agreed
17 / The sealed quotations shall be dropped in the tender box provided in the chambers of the General Manager(Admn.), 4th floor of the TSHCL. / Agreed / Not agreed
18 / The Insurance company shall submit their willingness to the Managing Director, TSHCL, in the sealed cover in their letter pad along with their offer rate (format appended). / Agreed / Not agreed
19 / Further details if any required can be contacted to the following address and phone numbers. / Agreed / Not agreed

We agree the above terms and conditions and submitting our quotation for Rs. /- (Rupees ______Only), per each family for a sum insured of Rs.2,00,000/- per each family.

Yours sincerely,

Signature with name & Designation

and office seal