BDB Group Credit Life Cover
Tender Number: 6/2022/BDB (IN/BDB/2022/06)
PA Ref Number: IN/BDB/2022/06
Tender Description
This RFP is to provide Sharia Compliant Group Credit Insurance covering “Death due to any cause” (Passive War Risk & Permanent Total Disability to be attached to the main cover) for the Bank’s financing portfolio. The insurance will cover new financing approved post signing as the existing portfolio is insured till maturity.
- Issued by
- Bahrain Development Bank B.S.C. (c)
- Internal/External
- Internal
- Invitation Method
- Public (LOCAL GCC)
- Initial Bond
- BD 500
- Bid Validity / Initial Bond Validity Period (Days)
- 120 days
- Tender Fees
- BD 15
- Contract Duration
- 1 Year
- Is Alternate Bid Allowed
- No
- Publish Date
- Wednesday, 06 July 2022
- Purchase Before
- Thursday, 14 July 2022
- Closing Date
- Sunday, 31 July 2022
- Opening Date
- Monday, 01 August 2022
Additional Notes
Dear Bidders,
You are invited to this RFP to provide Sharia Compliant Group Credit Insurance covering “Death due to any cause” (Passive War Risk & Permanent Total Disability to be attached to the main cover) for the Bank’s financing portfolio. The insurance will cover new financing approved post signing as the existing portfolio is insured till maturity.