---
title: "Group Life Assurance Policy"
ocid: "ocds-h6vhtk-060549"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-060549"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-060549.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-060549.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "STUDENT LOANS COMPANY"
published: "2026-01-14"
---

# Group Life Assurance Policy

Buyer: STUDENT LOANS COMPANY  
Current stage: Award  
OCID: ocds-h6vhtk-060549

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-060549.json)

## Summary

The Student Loans Company, serving as the buying organisation, has completed the procurement process for a Group Life Assurance Policy under the category of Life Insurance Services, which falls within the services industry. The procurement was executed without a prior publication call through the Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (DPS), and the official date for the award was 14 January 2026. This process, labelled under the procurement ID 2025-TR-0085, focused on the region specified as UKM, with the service set to benefit employees through a Death in Service Benefit Scheme. Notably, Zurich Corporate Risk was awarded the contract valued at £676,638.86, which was signed on 5 November 2025.

This tender provides a substantial business growth opportunity, especially for companies specialising in life insurance services looking to increase their foothold in the governmental sector. Firms that can offer competitive lifecycle management of employee insurance policies are particularly well-suited to compete in this sector. With the procurement handled via a limited process, there was no requirement for a call for competition, indicating that efficiency and readiness for direct service provision were key considerations. This makes it an appealing opportunity for large-scale life insurance service providers, such as Zurich Corporate Risk, which has demonstrated the capability and resource capacity to fulfil such contracts effectively.

## Notice

SLC require to engage an insurer to provide the supporting group life insurance policy.

### Lot Information

Lot 1

SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries. The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.

### Procurement Information

Procured via Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (RM6138) - no requirement for call for competition. Only 1 provider returned in search for Direct to Customer insurance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/002930-2026 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Jan 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 5 Nov 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £676,638 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | STUDENT LOANS COMPANY |
| Locality | DARLINGTON |
| Post town | Darlington |
| Postcode | DL1 1RW |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC33 Darlington |
| Local authority | Darlington |
| Electoral ward | Red Hall & Lingfield |
| Westminster constituency | Darlington |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ZURICH CORPORATE RISK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66511000 - Life insurance services

## Release History

- 14 Jan 2026 at 09:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/002930-2026

## Notice URLs

- https://www.gov.uk/government/organisations/student-loans-company

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-060549. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-060549.json.