Request for Bid (RFB) for Selection of a Life Insurance Company for Providing Term Life Insurance Coverage to Indian Seafarers under the Seafarers Welfare Fund Society (SWFS)
Seafarers Welfare Fund Society · Mumbai · Other · open
Key facts
- EMD: ₹1.0L
- Published: 17 Aug 2026
- Closing date: 14 Sep 2026
- Status: open
- Department: Directorate General of Maritime Administration
- Office: Directorate General of Maritime Administration, Mumbai
Description
This tender invites bids for selecting a life insurance provider to offer term life coverage to Indian seafarers under the SWFS, managed by DGMA, with a two-bid system, open tender, and an estimated EMD of ₹100,000.
Eligibility & requirements
- Startup relaxation: No
- MSE relaxation: No
New to these terms? Read how tender eligibility criteria work.
Commercial terms
- Bid type: Two-Bid System (Technical & Financial)
- Evaluation: Quality and Cost Based Selection (QCBS) with 80:20 weightage
- Make in India (MII): No
- MSE preference: No
Line items (1)
- Life Insurance Coverage for Indian Seafarers
2 tender document(s) available — sign up to download.
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