IIIT Department of Higher Education Mediclaim Insurance Tender Students Hospitalization 2026

Tender Overview

Organization: Indian Institute Of Information Technology (iiit) under the Department Of Higher Education. Product/Service: Group Mediclaim Insurance for Students, including Hospitalization for accident & emergency treatments, OPD, Domiciliary treatment, All pre-existing illnesses. Estimated value: ₹700,000; EMD: ₹25,000. Location: not specified in the tender data. This procurement targets student health coverage, with a focus on comprehensive medical services and pre-existing condition inclusions. The absence of BOQ items and explicit product category details implies a bundled insurance service contract with potential customization for student beneficiaries. Key differentiators include coverage breadth across hospitalization, OPD, and pre-existing illnesses, and a government-funded or department-level procurement context under the IIIT/Higher Education sector. Unique aspects include ATC terms referenced in an uploaded document and a lack of itemized technical specs.

Technical Specifications & Requirements

• Scope: Mediclaim insurance for students; coverage across hospitalization, accident & emergency care, OPD, domiciliary treatment, and pre-existing illnesses.
• Quantities/Scale: Not itemized; implies aggregate policy for student body under IIIT.
• Standards/Compliance: Not specified; look for standardization around health insurance compliance and local regulatory norms in the bidding pack.
• Delivery/Implementation: Policy issuance and ongoing claim processing during academic year; refer to ATC document for precise terms.
• Experience/Qualifications: Insurer should demonstrate capability in student health insurance management and fast claim settlement.

Terms, Conditions & Eligibility

• EMD: ₹25,000 (Demanded as part of bid security).
• Estimated Value: ₹700,000.
• Coverage Terms: Group mediclaim for students with comprehensive hospitalization, OPD, domiciliary care, and pre-existing illnesses.
• Documentation: Submit standard bid with EMD proof, insurer credentials, and policy terms per ATC.
• Delivery/Activation: Policy activation aligned with academic year start; ensure prompt claim settlement and TPA coordination.
• Penalties/Warranty: Not specified in the provided data; inspect ATC for SLA/penalty provisions.