Renewal of GTI Scheme w.e.f. 01.03.2025 – BSNLEU demands to fix the assured sum as Rs.50 lakhs for the willing Non-Executives.

The Group Term Insurance (GTI) Scheme for the Executives and Non-Executives of BSNL has to be renewed w.e.f. 01.03.2025. Today, BSNLEU has written letter to the PGM(Estt.), BSNL CO., requesting him to initiate early steps for the renewal of the GTI Scheme, so that BSNL will get sufficient time to bargain the premium rates with LIC or any other insurance company. In the previous years, the initiative was not taken well in advance to ensure sufficient time to BSNL to bargain the premium amount. In the GTI Scheme, the assured sum for the Executives is kept at Rs.50 lakhs, whereas the assured sum for the Non-Executives is kept at Rs.20 lakhs. BSNLEU has demanded that the assured sum of the Non-Executives should also be kept as Rs.50 lakhs, in respect of the willing Non-Executives.