Acquisition of Life Insurance for 365 Days

This tender concerns the acquisition of life insurance coverage for a period of 365 days. The procurement aims to secure a comprehensive life insurance policy to provide financial protection for the insured individuals or a designated group. The policy is intended to cover risks associated with mortality, offering a death benefit to beneficiaries in the event of the insured's passing. The duration of the coverage is clearly defined as one full year. The tender document would typically outline the specific requirements for the insurance policy, including the sum insured, eligibility criteria for coverage, exclusions, and any additional benefits or riders that may be required. Potential bidders, likely insurance companies or brokers, are expected to submit proposals detailing their terms, premiums, and service capabilities. This acquisition is a critical step in ensuring financial security and risk management for the policyholder or the beneficiaries covered under the policy.

This is a services contract in the finance and banking, security and defense and general supplies sectors, with a focus on Insurance. Located in Portugal, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 1,286.

Published through base_gov_pt, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.