Corporate Office Admin& PR Cell 1 Floor, Bharat Sanchar .

Corporate OfficeAdmin& PR Cell1 Floor, Bharat Sanchar Bhawan,BHARAT SANCHAR NIGAM LIMITEDH.C.Mathur Lane, Janpath,New Delhi-110001.Ph: 011-23716838, Fax: 011-23711544(A GovM. of India Enterpríse)Dated: 04-02-2021F. No. BSNL/Admin/Welfare/2020/GTI-NonExecutiveTo,All Heads of Telecom Circles&All Heads of other Administrative UnitsBharat Sanchar Nigam LimitedSub:GroupTerm Insurance Scheme for BSNLEmployees (Non-Executives) Copy ofdraft-MoU.This is in continuation of this office letter of even no. dated 29.02.2021, in which it washas beenconveyed that Group Term Insurance Scheme for BSNL employees (non-Executives)implemented w.e.f 01.03.2021 and options have been called through ESS/ERP portal uptoof the draft-MoU for15.02.2021. For detailed provisions of the policy, kindly find herewith copyreference.This is issued with the approval of competent authority.4.02o2Encl: copy of approved draft MoU[Rajiv kumar Sharma]Deputy General Manager (Admin)------***Regd. &CorporateH.C.Office.: Bharat Sanchar Bhavan,Corporate ldentity Number(CIN):Mathur Lane, Janpath, New Delhi-110001U74899DL2000GOl107739Website: www.bsnl.co.in

Master Policy No. OYRGTA-V Annexure - III2 LICLife Insurance Corporation of IndiaPension and Group Schemes DepartmentDivisional Office, DELHI DO.ILIC's NEW ONE YEAR RENEWABLEGROUP TERM ASSURANCE PLAN-I(UIN:512N275V01)OYRGTA-I/.EGIGRANTED TO BHARAT SANCHAR NIGAM LIMITEDWHEREAS() THE theCorporation") having received a Proposal and Declaration and the first premium from BharatSanchar Nigam Limited situated at Bharat Sanchar Nigam Limited, Bharat SancharBhawan, H.C. Mathur Lane, Janpath, New Delhi 110001holder for thispolicygroupinsurance policy for providing benefits of theinsurancescheme (certified copy ofgroupwhich Schedules has been furnished to theCorporation by the Company), which Rulestogether with the aforesaid proposal are hereby declared to be the basis of this-policy.(ii)TheCompany have also furnished to the Corporation statements asCorporation completed and signed by the Company and by the persons forAssurance hereunder are being effected.(iii)TheCompanyasked for bv thewhose benefit thehave further agreed topay the premiums as required in accordance withprovisions hereof and to furnish such statements and information as is material to thecontract as may berequired by the Corporation which statements and informationtogetherwith the application, Rules and all statements referred toin (i) and (i) above andotheranvstatements or information already furnished and to befurnished by the Company asprovidedhereunder giving all the variations in theof theparticularsin so tar as suchEmployeesvariations have any bearing on the Assurances ettectedhereunder trom time to time,Company have agreed, shall be and are hereby declared to be the basis ot this Poliev theANDWHEREAS the Corporation will receivean amount as decidedbetween both theparties.the(Authorised Signatory)AM.p

Master Policy No. OYRGTA-DECLARED ASIS HEREBY AGREED ANDNOW THIS POLICY WITHNESSES AND ITFOLLONS:1.andmasculine shall include the feminineIn this Policy where the context so admits, thethe context have thetothe following expressions shall unless repugnantfollowingmeaning:(i)officeBharat Sanchar Nigam Limited having CorporateshallThe'Company'a tBharat Sanchar Bhawan, H.C. Mathur Lane, Janpath, New Delhi -110001.i)Themeanorthe Company and any other company, firmbecomeor controlled by orcorporation which may in future be managedbecome bound by theseassociated with the Company and which may agree meanBharatSancharTerm Insurance Scheme enewalthe Ruleshereinafter defined.The 'Rules' shall mean the Rules of the Scheme for the time being in force and(iv)asAmended from time to time.to thewho is or shallbenefits of the Policy as more particularly set forth in Part I of The Schedule hereto.shallEmployeebecome eligible(v)Eligible Employee'(vi)shalleligible employee becomes entitledd to theperson whoMemberbenefits of this Policy and on whose life an ASsurance has been eifected accordirngmean amean anas anto the provisions of The Schedule hereof and shall include any such person so longbut only so long as he continues to be entitled to the benefits hereunder.(vii)Effective Date' shall mean the date from which this policy takes ettect. ie01sMarch 2021(vii)'Annual Renewal Date' shall mean in relation to the Scheme the 01sMarch2021 and1Marchevery year thereafter(ix)Entry Date' shall mean (a) in relation to original Members the Eftective Date and(b) in relation to new Members admitted to the Scheme atter the Etfective Date, theAnnual Renewal Date immediately next follows the date on which they becomeeligible.(x)Age at Entry' means calculated age as detined in the Schedule.(xi)"Terminal Date' shall mean in respect of each Member the Anmual Renewal Datewhich is coincident with or next following the date on which the Membercompletes the age of o0years or the date from which he ceases to be an Eligible2 o 2MAM Gupa

Employee. However premium once paid, the cover will be upto next annualrenewal date.(xii)"Salary'shallbasicmeanmonthly salaryallowance, bonus, commissionnatureor asorof the Memberexcluding dearnessany other emoluments of a contingent or variabledefined in Scheme Rules.(xiii)'Assurance' shall mean the particular Assuranceeffected hereunder on the life of the Member.(xiv)Beneficiary' shall mean the person or persons appointed by the Member to receivethe benefits hereunder in the event of his death.(v)TheorAssurances effectedorto be'Register'Registershall mean the Register of Memberskept by the Corporation whichshall be deemed to beinincorporated and to form part of this policy.(xvi)Death i.e. death due(xvii)The termswhenevertoincluding suicide.reasonany'herein', 'hereinafter' 'hereafter', 'hereof, 'hereto', and 'hereunder usedin thePolicyrefertothePolicyin itsentirety.The Company shall hold thePolicy and all benefits payable hereunder UPON TRUST forthe benefit of the persons to whom the said benefits arepayable in accordance with theRules and the Schedule hereto and theCompany shall have no beneficial interest2.hereunder.3.On proof of thehappening of the contingency stated herein, the Corporation will pay thebenefit of the person orpersons concerned under an intimation to company, theappropriate benefits in accordance with the terms and provisions of the Schedule andGeneral Conditions hereof subject to thepayment of theherein.appropriate premiums specified4.The benefits assured hereunder in respect of the Memberare5.All moneys payable to or by theCorporation hereunder shall be paid at the DivisionalOffice of the Corporation in DELHI, in IndianRupees and the Assurances etectedhereunder shall be expressed in Indianstrictlypersonalbe assigned, charged or alienated in any way whatsoever by the Member.and ationreceipt ofwriting theironbemadebehaltgood,abyTax, if any, shall be as per the Tax laws and the rateor other tax shall not be included in the contractualthepolicyholder separatelyAM CGplaas overand abOVe rgedulytotrom time to time. GSTand it will be collected from

8.lnanywhere theCorporation is liable to account to the RevenueAuthorities forany other taxes or duties orCorporation shall deduct such sums from theany payments made under this policy, theshall not be liable to therespective payments and the CorporationMember or thefor thecaseincome-tax,orCompany9.sums soIt ishereby expressly agreed between theetfected inCompany andthededucted.Corporationthat this Policy isaccordance with theprovisions of the Rules of the Scheme and in the eventthe Rulesofanmended, suchif they haveon or affect inway, the terms and conditions of thisanyanybeingamendments,policybearingany of the Assurances effectedhereunder,if the saidonlyamendments are approved by thealternation or amendment thatmay become necessary in the ternms and Corporation. AnyPolicy on account of amendmentconditions of thisoralternation,theapprovedofbyprovisions the Rules shall beCorporation in theeffect to byappropriateendorsementsto thesigned by the authorised Officer givenof thePolicyCorporation.alternationAnyor amendment in theterms and conditions ofthis Policy will be done withapproval of IRDA.prospective effect with the priorshall become effectiveor10. It ishereby further expressly agreed between theCompanydisputes of any kind whatsoever whicharise under orshall besubmittedto theDELHI.appropriatemayCourt or Courtsand thethat allin connection with thisPolicyhavingover thecity ofCorporationjurisdiction11. Theprovisions hereinafter contained i.e. the 'GeneralConditions', 'The Schedule' andTable of Premium rates' attachedherewith and every endorsementplaced on the Policyby the Corporation shall be deemed part of thisas full asPolicysignature affixed hereto.Dated at thisLIFEDAY OF2021INSURANCE CORPORATION2o 2 2AM. ulpaFor and on behalf of theOF INDIAif recitedoverthe

GENERAL CONDITIONSEvery member of this scheme shall become entitled to the benefits under thePolicyfrom the Entry Date on which he first becomes anEligible Employee.1.as2.Evidence of age of the Member satisfactory to theCorporation will be required before anybenetits in respect of him are paid under thelPolicy.3.Subject4.1the provisions of these GeneralConditions, the Assurance shall be renewablevearly at the option of the Company on each Annual Renewal Date.tothe Company do notpay the premiums within the grace period, the policy shall betreated as lapsed. Lapsedpolicy may be revived within a period of 3 months from the dateot tirstunpaid premium or the next Annual Renewal Date whichever is earlier, onpavment of arrears of premium together with interest (compounding half-yearly) at suchrate as nmay beat the time ofprevailingacceptat theoriginalterms,policy5.acceptpayment. The Corporation reserves the right towith modified terms or decline the revival oflapsedVariations in the total benefits assured hereunder as on the AnnualRenewal Dates shall begiven effect to by endorsements over the signature of a duly authorised Officer of theorporation.6.Thewith mutual agreement with the employer, reservesthe right to varyfrom tinme to time the rates, terms andprovisions of this Policy including the GeneralConditions and The Schedule upongiving to the Company 30 davs previous notice inCorporation,writing expiring on the Annual Renewal Date following the date of the notice, of itsintentioneffecteddo so and any such variations willapply only to Assurance hereunderbe effected on or after the date ofexpiry of such notice. Provided thewill be reviewed after threeyears on the basis of mortality experience and as pertoorpremiumtomutually agreed terms and conditions7.The Company shall furnish to thethe Corporation mayCorporationreasonably require uponall such data intormation and evidienceorwithregardasto any mattertheshall not be liable torattectingAssurances effected or to be effected hereunder and theCorporationany action taken in good laith upon any data, intormation, or evidence so turnishei whichshall be or shall prove to have been erroneous or inaccurate. SuchottheEmploveremployer-employee group's records in original (or certitied Photostat copiesthereot) as intheopinionoftheCorpOralionhavebearingontlhe benetitstobes/nonprovideiorthepremiums payable hereunder shall be open tor nspection by the Corporation at all uest othlor lhe purpOSe olstampng,CorpOratwn producerelereneeorthePolievnspctiinFor claiming the amount ol sunm assurel as lainl olown unlerP'art Il ot the Schedule theCompany will haVe to submul to the" Corporalion, copy ot leath cortiticateduly certified bythe company alony with the claim lormo2