Group Term Insurance Renewal for BSNL Executives – Guidelines for annual renewal of the scheme w.e.f. 01.03.2022.
Highlights :
| Age Criteria/Slab | Sum Assured | Revised Annual Renewal (including GST) |
| Born on or after 15.09.1971 | 50 Lakhs | 16815 |
| Born before 15.09.1971 | 50 Lakhs | 47200 |
| 20 Lakhs | 18800 |
- There will not be any auto renewal of the scheme.
- All existing members, as well as new entrants will have to compulsorily exercise their option to avail the GTI scheme through ERP/ESS Portal during the online window.
- In case the employee, including existing member, does not exercise any option, he/she will be considered to have not opted for the GTI scheme.
- The online window for existing members, new entrants, and withdrawal option for existing members, will be open from 18.02.2022 to 22.02.2022.
- Only the new entrants will be allowed to withdraw their option, if they so desire, during separate online window form 23.02.2022 to 24.02.2022.