Pawan Hans Limited Group Personal Accident Insurance Tender Gautam Buddha Nagar Uttar Pradesh 2025

Tender Overview

Pawan Hans Limited seeks a service provider for Group Personal Accident Insurance covering permanent and temporary disabilities for both permanent and contract aircrew, including death and disablements. Tender location is Gautam Buddha Nagar, Uttar Pradesh. The contract supports a flexible quantity/duration framework (up to 25% adjustment) and a concurrent excess settlement option allowing additional charges up to a defined percentage of item-level total value. The scope centers on comprehensive aviation personal accident coverage, with terms enabling invoice adjustments for addons under the excess settlement mechanism. This procurement lacks published BOQ items or estimated value in the data provided, but the requirement clearly targets a compliant insurer with aviation risk experience.

• Organization: Pawan Hans Limited
• Product category: Group Personal Accident Insurance for Aircrew (Permanent, Contract, Disability, Death)
• Location: Gautam Buddha Nagar, Uttar Pradesh (201301)
• Key differentiator: 25% quantity/duration flex and excess settlement option for service providers
• Context: Dedicated insurance coverage for aircrew personnel under government-linked aviation operations

Technical Specifications & Requirements

• No technical specifications are published in the tender data.
• The procurement clearly references an aviation-centric personal accident policy, including Permanent total disability, Permanent partial disability, Temporary disabilities, and death coverage for aircrew.
• Expect insurers to provide: policy wordings, risk assessment for aviation operations, standard aviation insurance endorsements, and compliance with local regulatory requirements.
• Since BOQ is empty, bidders should anticipate responding with standard aviation personal accident policy components, including schedule of benefits, riders, and claim settlement processes.
• Potential emphasis on policy tenure alignment with contract duration and renewal terms; ensure policy is compliant with applicable aviation/insurance standards.

Terms, Conditions & Eligibility

• 25% contract quantity/duration adjustment permitted at contract issue and again post-issuance; bidders must accept revised scope.
• Excess settlement allows addon charges up to a predefined percentage of item-level totals; mandatory declaration of applicability and supporting documents at invoice time.
• Typical bid prerequisites include registration (GST), PAN, financial statements, experience in aviation insurance, and evidence of solvency; ensure readiness to submit insurance license details and policy draft templates.
• While EM faits and value are not disclosed, bidders should prepare standard documentation and confirm compliance with insurance regulator norms and aviation operator requirements.