Life and accident insurance for expatriate employees not covered by AECID policies

Summary

FIAP is procuring a single collective life and accident insurance policy for its expatriate employees who are not covered by AECID policies. Worldwide, 24-hour cover includes death, permanent disability and supplementary benefits for adapting a home or vehicle and purchasing a wheelchair. The current insured group comprises five employees; the policy starts on 1 March 2027 for 12 months, with four possible 12-month extensions (up to 60 months in total). The initial tender budget is €10,000 including taxes and surcharges; the estimated total contract value is €49,725 excluding taxes.