1. About Practical Action:

Practical Action is a global change-making group that consists of a UK registered charity with projects in Africa, Asia and Latin America, an independent publishing company and a technical consulting service. It combines these specialisms to multiply its impact and help shape a world that works better for everyone. In Bangladesh, Practical Action is focused on putting ingenious ideas into work to contribute to poverty reduction and sustainable wellbeing.

2. Objectives:

The purpose of the service is to facilitate the employees of Practical Action Bangladesh and one of their dependents with the insurance benefits in terms of:

• Group Medical Life Insurance (Inpatient and Outpatient) for employees and his/her dependents.
• Group Life Insurance for employees only.

3. Proposal:

The proposal must include:

• Year of experience of previous similar in provision of Employees Insurance.
• Reference/ Testimony letters from INGO, NGO’s, Governmental, Agencies and so on in provision of employee insurance.
• Delivery Time (The maximum time required to settle Death, Inpatient and Outpatient after the submission of all relevant documents of Insurer.   
• If the Insurer will require the individual/ employee to undergo a medical examination or provide any medical information before providing any insurance coverage.
• Computed premium of Group Term Life Insurance and Health Insurance coverage for 75 employees enclosing a sample of the Insurance policy, Specific terms and Conditions respectively.
• Provide detailed information on whether the insurance company has a digital claim submission system.
• Any additional benefit package being offered by the company.

4. Submission process:

1. Please send the quotation to procurement.bd@practicalaction.org.bd by 10^th March 2025.

5. Cancellation/Termination of contract:

Practical Action in Bangladesh reserves the right to cancel, amend, and defer the contract agreement.

Safeguarding policy and Code of Contact

• Practical Action firmly believes that no person, regardless of age, gender identity, disability, sexual orientation or ethnic origin or any other personal characteristic, should experience harm, including sexual exploitation or abuse, and Practical Action takes seriously its responsibility to safeguard those who come in contact with our work.  Practical Action is committed to raising awareness of safeguarding risks and to taking measures to minimize those risks.
• All employees, trustees, volunteers, consultants, partners and others acting on behalf of Practical Action are expected to behave in ways that safeguard others from harm, sexual exploitation and abuse.  This includes evaluation consultants and their team members.
• If anyone acting on behalf of Practical Action, including evaluation consultants and their team members, develops concerns or suspicions regarding harm, sexual exploitation or abuse by a Practical Action employee or anyone acting on our behalf they must report their concerns via the established reporting procedures.  Individuals do not need to have, nor should they seek to obtain, evidence to support their concerns – the individual’s duty is to report their concerns so that Practical Action can investigate appropriately.
• Practical Action’s Safeguarding Policy is available online here.  All consultants and their team members acting on behalf of Practical Action are required to familiarize themselves with this policy and print and sign the policy declaration form at the end.  This must be returned to Practical Action before commencing any work on this assignment.
• Practical Action also has a Code of Conduct.  All consultants and their team members are expected to read, print, sign and return this before commencing any work on this assignment, available here.

Practical Action’s Safeguarding Focal Points are available to answers any questions about this policy, the Code of Conduct and their contents.  They are also available to support with briefing of consultancy team members as required prior to commencing field work.

Big change starts small
T +88 02 223362499, 223365243, 223362683 | F +88 02 223363340 | E practicalaction@practicalaction.org.bd | www.practicalaction.org
Street address – House 28/A, Road 5, Dhanmondi, Dhaka – 1205, Bangladesh
Practical Action is a registered charity and company limited by guarantee | Reg. Charity No. 247257 | Company Reg. No. 871954
Registered office – The Robbins Building, 25 Albert Street, Rugby, CV21 2SD, United Kingdom | Patron HRH the King Charles III.