Contracting a life insurance policy for the staff of the Provincial Council of Palencia

Summary

The tender concerns a collective life insurance policy for the Provincial Council of Palencia’s staff and elected members. The policy covers death from any cause and total, absolute or severe permanent incapacity, with worldwide and 24-hour coverage. The annual maximum tender budget is EUR 25,950, or EUR 51,900 for two years, VAT-exempt; the contract may be extended by one year. Group 1 has insured amounts of EUR 14,424.29 per person and Group 2 EUR 6,010.12 per person. The maximum aggregate limit per event is EUR 5,000,000. The successful insurer must manage enrolments and removals, provide insurance certificates and claims information, and pay a covered claim within a maximum of ten working days after receiving complete documentation.