Award of Life Assurance Policy for BBC Employees

Awarded 01 Nov 2017

View live tenders
Awarded01 Nov 2017
Value£1.00
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 6y 4mo ago2y 8mo term
Awarded 1 Nov 2017Expired 30 June 2020

The British Broadcasting Corporation (BBC) awarded a contract to Aviva Life & Pensions UK Ltd.

for a life assurance policy covering approximately 9,000 BBC employees who joined on or after 1 December 2010.

The policy provides a minimum lump sum of two times life cover pensionable salary, with four times coverage for the around 4,000 employees who are members of the BBC's defined contribution plan, LifePlan.

The contract value is within the £600,000 to £1,500,000 range advertised in the contract notice.

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