Tender for Provision of Group Life Insurance and Wiba Covers

TENDER FOR PROVISION OF GROUP LIFE INSURANCE AND WIBA COVERS

GROUP LIFE AND WIBA

Tender number: KSA/1012/0013/2026-27

Procuring entity: KENYA SPACE AGENCY

Procurement category: Non Consultancy Services

Procurement method: Open Tender

Bidding access: Open

Source of funds: GoK

Technical evaluation: Combination of Both

Evaluation basis: Item wise

Bid validity: 210 days

Clarifications until: 23 Oct 2026 11:00 (Nairobi time)

Published: 19 Oct 2026 11:10 (Nairobi time)

Closing: 02 Nov 2026 11:00 (Nairobi time)

Bid opening: 02 Nov 2026 11:01 (Nairobi time)

Eligibility documents required

- SELF-DECLARATION FORM SD1&2 - MUST SUBMIT COPY OF CERTIFICATE OF REGISTRATION/INCORPORATION - CR12 FROM REGISTRAR OF COMPANIES SHOWING PARTICULARS OF DIRECTORS OF THE FOUNDER ISSUED WITHIN THE LAST 3 MONTHS TO THE TENDER OPENING DATE. - MUST SUBMIT A COPY OF VALID TAX COMPLIANCE CERTIFICATE FROM KENYA REVENUE AUTHORITY (KRA) VALID FROM THE DATE OF TENDER OPENING - VALID TRADE / BUSINESS LICENSE FROM THE COUNTY GOVERNMENT - MUST SUBMIT A COPY OF REGISTRATION CERTIFICATE TO CONDUCT LIFE INSURANCE BUSINESS FROM THE INSURANCE REGULATORY AUTHORITY - MUST SUBMIT CERTIFICATE OF REGISTRATION AS A MEMBER OF THE ASSOCIATION OF KENYA INSURERS (AKI), FOR YEAR 2026. - MUST HAVE DONE A GROSS ANNUAL PREMIUM OF NOT LESS THAN KSHS. 500 MILLION IN 2025. - MUST SUBMIT EVIDENCE OF HAVING A CURRENT REINSURANCE COVER FOR THE GROUP LIFE COVER AND WIBA - MUST SUBMIT A SAMPLE POLICY DOCUMENT FOR THE GROUP LIFE COVER AND WIBA - FORM CON - PIN CERTIFICATE - AUDITED FINANCIAL ACCOUNTS OF FOR THE LAST THREE FINANCIAL YEARS DULY SIGNED AND STAMPED BY CERTIFIED AUDITOR. 2023,2024,2025 - THE AUDITORS PRACTICING CERTIFICATE(S) FOR THE LAST THREE YEARS OF THE SUBMITTED AUDITED ACCOUNTS. - Table Header : - STATEMENT TENDERER'S RESPONSE NAME TITLE OR DESIGNATION DATE WE CONFIRM THAT THE INFORMATION GIVEN ABOVE IS CORRECT AND WE UNDERSTAND THAT GIVING FALSE INFORMATION WILL LEAD TO DI SQUALIFICATION OF OUR TENDER Table Footer : PERSON SIGNING THE TENDER SHALL HAVE THE POWER OF ATTORNEY GIVEN BY THE TENDERER. THE POWER OF ATTORNEY SHALL BE ATTACHED WITH THE TENDER SCHEDULES TECHNICAL EVALUATION CRITERIA FORM : TECHNICAL EVALUATION CRITERIA FORM GROUP LIFE COVER Technical Evaluation Process : - Table Header : - SR NO SUPPLIER REQUIREMENTS CRITERIA CONFORMITY TO CRITERIA SUPPLIER REMARKS 1 GROUP LIFE BENEFIT PAYMENT OF A LUMP SUM BENEFIT UPON DEATH OF AN EMPLOYEE (NATURAL OR ACCIDENTAL). COVER TO BE 3 TIMES OF THEIR ANNUAL BASIC PAYABLE WITHIN 72 HOURS OF DEATH UPON DEATH NOTIFICATION. 2 CRITICAL ILLNESS BENEFIT LUMP SUM PAYMENT UPON DIAGNOSIS OF SPECIFIED CRITICAL ILLNESSES INCLUDING AND NOT LIMITED TO CANCER, STROKE, HEART ATTACK, KIDNEY FAILURE, MAJOR ORGAN TRANSPLANT. COVER IS PAYABLE ONCE FOR EVERY FIVE YEARS SERVED TO BE 3X OF AN EMPLOYEE’S ANNUAL BASIC PAYABLE WITHIN 24 HOURS OF DIAGNOSIS AND PRESENTATION OF A MEDICAL REPORT FROM A CERTIFIED PRACTITIONER. 3 ACCIDENT COVER ACCIDENTAL MEDICAL EXPENSES UP TO A MAXIMUM OF KSHS 2,500,000 4 FUNERAL EXPENSE BENEFIT LUMP SUM PAYMENT AS IMMEDIATE FINANCIAL SUPPORT UPON DEATH OF EMPLOYEE DECLARED DEPENDENTS (SPOUSE AND CHILDREN, WHERE APPLICABLE) AT A FIXED RATE OF KSHS. 300,000/- PER PERSON. BENEFIT PAYABLE WITHIN 72 HOURS OF DEATH AND PRESENTATION OF A DEATH NOTIFICATION. Table Footer : - TECHNICAL EVALUATION CRITERIA FORM WIBA : TECHNICAL CRITERIA EVALUATION WIBA Technical Evaluation Process :

- Consider for Technical Evaluation:

- Table Header : - SR SUPPLIER REQUIREMENTS CRITERIA CRITERIA CONFORMITY SUPPLIER REMARKS 1 DEATH SHALL BE PAID TO THE DEFENDANT(S) ON 96 MONTHS / 8 YEARS EARNINGS SUBJECT TO THE MAXIMUM AMOUNTS SET OUT UNDER THE LIMIT OF LIABILITY. 2 PERMANENT TOTAL DISABLEMENT COMPENSATION BASED ON 96 MONTHS’ EARNINGS/ 8 YEARS PER THE PERCENTAGES SET OUT IN THE FIRST SCHEDULE OF WORK INJURY BENEFITS ACT, 2007 SUBJECT TO THE MAXIMUM AMOUNTS SET UNDER THE LIMIT OF LIABILITY. 3 TEMPORARY TOTAL DISABLEMENT EMPLOYEES WHO SUFFER TEMPORARY TOTAL DISABLEMENT THAT INCAPACITATES HIM/HER FOR THREE OR MORE DAYS IS ENTITLED TO RECEIVE PAYMENT EQUIVALENT TO THEIR EARNINGS, SUBJECT TO A MAXIMUM OF 104 WEEKS’ EARNINGS. 4 MEDICAL EXPENSES THE INDEMNITY PROVIDED BY THIS POLICY INCLUDES ALL MEDICAL EXPENSES AS DEFINED IN THE ACT, INCURRED AS A RESULT OF AN ACCIDENT OR DISEASE WHICH ENTITLES THE EMPLOYEE TO COMPENSATION UNDER THE PROVISIONS OF THIS POLICY SUBJECT TO THE MAXIMUM AMOUNT STATED IN THE SCHEDULE. (KSH100,000). 5 FUNERAL EXPENSES THE INDEMNITY PROVIDED BY THIS POLICY INCLUDES FUNERAL EXPENSES INCURRED BY THE INSURED IN THE EVENT OF DEATH OF AN EMPLOYEE AS A RESULT OF AN ACCIDENT OR DISEASE AS DEFINED IN THE ACT SUBJECT TO THE MAXIMUM AMOUNT STATED IN THE SCHEDULE. (KSHS 30,000). Table Footer : - TECHNICAL EVALUATION CRITERIA FORM : TECHNICAL EVALUATION CRITERIA FORM Technical Evaluation Process :

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