Provision of Employer’s Liability Insurance Plan

Item Description:

The Request for Proposal IFAD/2018/012/RFP is issued to select the vendor that will provide IFAD, from 1st January 2019, with solutions to implement an Employer’s Liability Insurance Plan (the “Plan”) in respect of IFAD Staff, Short-Term Staff, Consultants and other Non-Staff categories that may be eligible for compensation in the event of service-related illness, injury or death, and for medical insurance for Short-Term Staff and Consultants.

Based on IFAD specifications, the vendor shall explore the insurance market and present to IFAD economical and acceptable solutions to cover the plan components indicated below.

• Plan Component 1: Staff Compensation Plan (SCP) for Staff on fixed term and continuing/indefinite contracts. The SCP plan component is to cover for compensation and other benefits in the event of service-related illness, injury or death.
• Plan Component 2: Medical Insurance and Compensation Plan (MICSC) for Staff on short-term contracts and Consultants. The MICSC plan component is to cover a) both service-related and non-service-related medical liabilities for this category and b) to cover liabilities such as service-related injury, illness and death.
• Plan Component 3: Compensation Plan for Non-Staff other than consultants (NSCP). The NSCP plan component is to cover the liabilities of service-related death and permanent disability, for Non-Staff other than consultants.

IFAD 2018 012 RFP Instructions on how to access documents.pdf