Russian Interior Ministry to spend $230m on insurance for employees

Russian Interior Ministry to spend $230m on insurance for employees

The website of state procurements features a new tender by the Ministry of Internal Affairs requesting insurance services.

The Russian Ministry of Internal Affairs is holding a tender for obligatory life and health insurance of its employees between 2018 and 2019. The maximum possible price under the contract is 13.7 billion rubles ($230m). The information has been posted on the website of state procurements.

The tender documentation indicates that 788,700 people are subject to the insurance. Among them are people from all walks of life, from ordinary workers to top managers, including 97,230 people dismissed between 2017 and 2019. The contract covers the risks of death during the service or within a year after dismissal; disability and injuries.

 "The insurer assumes obligations on insurance events that occurred between January 1, 2018 and December 31, 2019 inclusive," it is said in the tender.

The winner will be determined in an open competition in December.

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