Date: 04June 2026
Request for Quotation (RFQ)
Corporate Group Term Insurance (GTI)
1. Background
The Coalition for Disaster Resilient Infrastructure (CDRI) is a global coalition committed to strengthening infrastructure resilience against climate and disaster risks. With 55 member countries and 12 partner organizations, it includes national governments, international bodies, and businesses collaborating to exchange knowledge, drive research, and invest in disaster-resilient infrastructure. Members gain access to global expertise, funding, technical support, research opportunities, innovative solutions, and international best practices.
Headquartered in New Delhi, India, CDRI’s Secretariat holds the status of an International Organization.
CDRI’s mission is, by 2050, to drive US$10 trillion of new and existing infrastructure investments and services to be resilient to natural hazards and climate change through enhanced capacity, informed policy, planning, and management, thereby improving environmental quality, livelihoods, and overall well-being for more than 3 billion people worldwide.
2. Purpose:
CDRI is in the process of renewing the existing Corporate Group Term Insurance Policy for the staff members for the period from 04August 2026 till 03August 2027.
The detailed Scope of Services of the Corporate Group Term insurance Policy is mentioned below: -
3. Scope of Services:
The selected insurer will be required to provide a Corporate Group Term Insurance Cover, including but not limited to the following scope (Bidders can also include additional benefits):
Anticipated group size in the contract period: ~80-100
- Coverage for all fixed-term staff employed by CDRI, including foreign nationals legally employed and residing in India and or abroad.
- CDRI Employees are inclusive of both Indian & foreign national citizens. The corporate policy should cover all staff, irrespective of their citizenship and Job location.
- Worldwide coverage, ensuring benefits are payable irrespective of the geographic location where the death occurs.
- No exclusions based on nationality or extended overseas travel, unless otherwise governed by applicable law.
- 24/7 risk coverage, including while travelling for work or leisure.
- Offer support in the claims process, especially for deaths occurring outside India, including guidance on required documentation (apostille, consulate verification, translations, etc.).
- Provide a dedicated relationship manager for policy administration, claims coordination, and employee communication.
- Assist with employee additions/deletions during the coverage period.
- Additional details & Key Policy Requirements:
- The current Group Size: as per the list provided in Annexure-I
- Members’ eligibility age: 18-65 years
- Tenure- 1 year
- Sum Insured amount: INR 1 Crore
- Death cover (100% of the sum insured in case of death due to any reason, including terminal illness)
- Eligible member- All fixed-term employees of CDRI.
- Death due to Terrorism, War, suicide, COVID-19, or any pandemic diseases is covered.
- Addition/ deletion requests and premium calculation - on a prorate basis.
- Coverage Territory: Worldwide, with no location-based exclusions.
- Travel Coverage: Death during official or personal travel, domestic or abroad, must be covered.
- Documentation: Reasonable and simplified claim documentation for international cases.
- Exclusions: Clearly specify standard exclusions, if any, and confirm there are no exclusions based on nationality or country of death.
- Rates proposed must be finally based on the list provided as Annexure-I.
Declaration: CDRI hereby declares that all fixed-term employees proposed for coverage under this policy, as detailed in Annexure-I, have an annual Cost to Company (CTC) of more than INR 10,00,000 (Indian Rupees Ten Lakhs) per annum. Bidders may rely on this declaration for underwriting and premium assessment purposes.
4. Submission of Proposal:
Interested vendors are requested to submit their proposal in a PASSWORD-PROTECTED PDF file through email to tender.projects@cdri.world by 23:59 hrs (IST) on 24 June 2026.
Note: The PDF must be password-protected. Under no circumstances should the password be shared at the time of submission. It will be requested separately after the RFQ submission deadline has passed.
Please ensure that your proposal is sent ONLY to the ABOVE-MENTIONED email ID before the closing date & time. Proposals sent/copied to any other email ID (other than above) OR received after the bid closing date & time (mentioned above) will not be entertained.
For detailed information, please check the complete version of the RFQ attached below.