Team AIGETOA attended the scheduled meeting to discuss the Group Term Insurance (GTI) for this year 2026-27.

It was informed that the premium for Executives has been retained at the existing level, whereas the premium for Non-Executives has been increased due to a higher claim ratio.

The following key points were discussed and finalized:

1] Enhancement of Sum Assured for Executives:

It was agreed that the sum assured for Executives will be enhanced to Rs. 1 crore. The proposal will be taken up by BSNL Management in the next policy year.

2] Enhancement of Sum Assured for Non-Executives:

For Non-Executives, the sum assured will be increased from Rs. 20 lakh to Rs. 50 lakh, which will also be considered by BSNL Management in the next policy year.

3] Option for Higher Coverage to Non-Executives:

Non-Executives who are willing to pay a higher premium should be allowed to opt for the existing Rs. 50 lakh GTI policy applicable to Executives.

4] Waiver of GST on Group Term Insurance:

AIGETOA reiterated that GST has already been waived for individual term insurance policies, while it continues to be levied on Group Term Insurance.

It was finalized that BSNL Management will take up the matter with the Ministry of Finance, and the Associations will also actively pursue the issue for GST waiver on GTI.

5] Minimum Insurance Cover for All Employees:

The possibility of providing a minimum sum assured of Rs. 10 lakh to all BSNL employees was discussed. The option will be examined further by BSNL Management.

6] Simplification of GTI Opting Process:

AIGETOA highlighted the confusion faced by employees while opting and continuing GTI. It was demanded that:

• There should be only an option for withdrawal from GTI and modification.

• Employees who are freshly applying should be provided to opt for GTI.

• For existing members who wish to continue, no action should be required, and the policy should be renewed automatically.