Discussion with Management on continuation of Group Term Insurance (GTI) – BSNLEU demands Rs.50 Lakh Insurance Coverage for Non-Executives.

A meeting was held today at the Corporate Office to discuss the renewal of the Group Term Insurance (GTI) policy for both Executives and Non-Executives of BSNL. During the meeting, the proposal submitted by LIC regarding the transfer conditions for renewal of the GTI policy was handed over to the General Secretaries / Representatives of the recognised unions and associations. Explaining the proposal in detail, Shri Rajiv Kumar Sharma, DGM (Admn./PR) elaborated on the terms and conditions put forward by LIC for the annual renewal of the GTI scheme for BSNL employees. In the discussion, it was informed that the present number of GTI policyholders is 14,521 Executives and 6,369 Non-Executives. The Management assured that the GTI scheme will be continued, and that negotiations will be held with LIC to renew the policy at par with the existing terms and conditions. On behalf of BSNLEU, Com. Animesh Mitra, General Secretary, strongly raised the demand to enhance the insurance coverage for Non-Executives up to ₹50 lakhs, for those who are willing to continue under the existing LIC terms and conditions. Responding to the demand, the Management agreed to take up the issue with LIC authorities and assured that the demand of BSNLEU would be formally represented in the next round of discussions with LIC, scheduled to be held on Monday.