Group Term Insurance Renewal for Executives – Guidelines

Group Term Insurance Renewal for BSNL Executives – Guidelines for annual renewal of the scheme w.e.f. 01.03.2022.

Highlights :

Age Criteria/SlabSum AssuredRevised 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.

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