This tender is for the provision of Group Life Insurance coverage exclusively for employees of IGNITE National Technology Fund. The insurance period is one year, extendable annually based on satisfactory performance and mutual consent. Coverage includes death benefits with specified limits for different employee grades, disability annuity payments, and worldwide coverage. The successful bidder will be required to provide claims settlement within specified timelines, pay for any required medical examinations, and furnish a performance guarantee equivalent to 10% of the total premium. The contract duration is one year starting from the agreed date, with provisions for extension on the same terms and conditions.