Open tender · India · Liability Insurance Service Director and Officer Liability Coverage
Liability Insurance Service - Director and Officer liability coverage
Ministry of Finance in India is inviting bids for “Liability Insurance Service - Director and Officer liability coverage”. Bids close on 15 October 2026, 11:00 IST. Reference: GEM/2026/B/8085923. Who can bid: Minimum average annual turnover of INR 8 lakh over the last three years; Past experience of similar services, with at least one completed service of 80% of the estimated cost. askTender lists every requirement to qualify and checks whether your company meets them.
The tender in brief
Director and officer liability insurance for Indian Bank, for insurers with 3 years of similar cover and INR 8 lakh turnover
Indian Bank, under the Ministry of Finance, is buying director and officer liability insurance with a sum insured of 1250000000, for the period 01-11-2026 to 31-10-2027. The contract runs for 1 year and 1 day and is awarded as a lump-sum project. The estimated bid value is INR 200000.
Who can win it
- Minimum average annual turnover of INR 8 lakh over the last three years
- Past experience of similar services, with at least one completed service of 80% of the estimated cost
- Service provider and its insurance company must have been in the insurance business in India for at least XX years
Key facts
- Contract period
- 1 year and 1 day
- How bids are judged
- Total value wise evaluation
- Published
- 25 Sep 2026
- Reference
- GEM/2026/B/8085923
Before you bid, askTender
Everything else is in your askTender account
The requirements to qualify, the eligibility check and the bid documents for this tender are in your askTender account.
- What it takes to qualify: every requirement, in the tender’s own words
- Whether your company qualifies: your profile checked against each requirement, showing what you have, what’s missing and how to close the gap
- The documents to file: a checklist, with draft declarations ready to sign
- A bid partner for any requirement you can’t meet alone
- The tender documents, ready to open
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Public data: Government e-Marketplace, Government of India. · Sources & licences