SRI LANKA INSURANCE
Early Cash’ from Sri Lanka Insurance Life
An insurance policy that gives early returns whilst offering comprehensive protection
Colombo 29th April 2021: Understanding the modern and vibrant lifestyle of the young generations, Sri Lanka Insurance presents ‘Early Cash’ life insurance solution which provides early returns while offering comprehensive protection for policyholders.
Sri Lanka Insurance Life ‘Early Cash” is a long term plan in which pays up to 50% of the policy value in two advance payments before the end of policy period. (50% for a 10 year plan and 40% for a 15/20 year plan).
Also policyholders will receive unmatchable bonus calculated based on the total policy value even if advance payments have been obtained, making it an unparalleled insurance solution in the market.
The insurance solution can be further customized according to the specific insurance needs of policyholders with additional covers such as Critical Illness Cover, Hospitalization Cover, Additional Life Cover, Permanent Disability Benefit, Accidental Death Cover and Spouse Cover etc. for enhanced protection.
In the event of unexpected demise of the policyholder during the policy period the entire sum assured with accumulated bonus will be paid to the dependents immediately, regardless of any previous advance payments made.
The insurance policy is open for anyone in the age of year 18- 60 and policyholders can chose the policy period from 10, 15 and 20 years. Also premium payments can be made annually, bi annually, quarterly and monthly as per the convenience of the customer.
More information on ‘Early Cash’ can be obtained from SLIC 24/7 hotline 011 2 357 357 or by contacting SLIC Insurance Advisor.
Established in 1962, Sri Lanka Insurance Corporation is the largest government-owned insurance company in Sri Lanka, with a managed asset base of over Rs.212 billion and a Life fund of Rs. 117 billion, the largest in the local insurance industry. The company is also the first and only local insurer to secure Fitch Ratings AA (lka) rating for its long-term financial stability and sustainability and also Sri Lanka Insurance ranked as the ‘Most Valuable General Insurance Brand’, ‘Most Loved Insurance Brand’ and the 3rd Most Loved Consumer Brand in the country by Brand Finance in 2020. The national insurer is on a mission of being a customer focused company which constantly innovates in providing insurance services to customers and is now serves customers through an extensive network of 158 branches.