# BBC Life Assurance \(CAN CF\)

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [The British Broadcasting Corporation \(BBC\)](/buyers/the-british-broadcasting-corporation-bbc/contract-awards)
- Contract winner: [Aviva Life & Pensions UK Ltd\.](/contract-winners/aviva-life-pensions-uk/public-sector-contract-awards)
- Award value: £1
- Tender value: £1
- Award date: 1 November 2017
- Published: 3 May 2018
- Contract start: 1 November 2017
- Contract end: 1 July 2020
- Stage: awarded
- Procurement category: services
- Notice ID: 62464f6e-2b32-4eae-80b3-021995febe0e-214263
- OCID: ocds-b5fd17-5832f21d-7ee7-48b5-bce8-408da305a7db

## Description

The BBC went to market for a Life Assurance Policy for c9,000 BBC employees who joined the BBC on or after 1 December 2010\. Employees who joined the BBC before 1 December 2010 are covered under a separate arrangement and were not included in this exercise\. All employees are covered for a minimum lump sum of two times life cover pensionable salary\. Employees who elect to join the BBC's defined contribution plan called LifePlan are covered for four times life cover pensionable salary\. Around 4,000 employees are currently members of LifePlan and covered for the higher lump sum\. The contract value is within the £600,000 - £1,500,000 advertised in the contract notice\.

## Related contract awards

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- [Security Guarding Services](/contracts/ocds-b5fd17-652cf1cd-86e7-4805-8cc9-bc042181e005): The British Broadcasting Corporation \(BBC\)
- [Media Monitoring Services](/contracts/ocds-b5fd17-7abaa6f9-c4bf-4c62-a169-a2a24ce1c4c2): The British Broadcasting Corporation \(BBC\)
- [Provision of a Group Life Master Trust](/contracts/ocds-b5fd17-eda96b29-fda8-4960-a385-8fecb1cd5c18): National Oceanography Centre
- [PFB3038 Lot 3 Benefits Platform](/contracts/ocds-b5fd17-62c95603-a87b-4a8f-805a-c636d8f6ab6b): North Western Universities Purchasing Consortium
- [Pension Scheme \(Defined Contribution\) and Additional Benefits](/contracts/ocds-b5fd17-20d8b57c-fc59-435a-b492-f6e8394e0f23): North Western Universities Purchasing Consortium

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/62464f6e-2b32-4eae-80b3-021995febe0e-214263)