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” isa 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.
AIA Insurance launched another industry first by introducing a brand-new health and wellness offering. AIA customers now receive free access to wellness specialists, free of charge, via the oDoc app and all customers with an annual premium value of above Rs. 100,000/- per policy can make use of this pioneering offer and carry out a series of consultations with Sri Lanka Medical Council registered Wellness Specialists, AIA announced in a news release.
“You can select the Specialists based on your needs, be it physical, mental, nutritional etc. The offer extends six free mobile consultations for the year, with select nutritionists, dieticians, mental health professionals or physiotherapists, from the comfort of your own home. While AIA has recommended a one-year plan for the consultations, customers are free to utilize these consultations in whichever order they wish to and when they wish to,” it said.
Colombo 25th January 2021: Amidst the turbulent and challenging year Sri Lanka Insurance has closed year 2020 in a positive note recording phenomenal revenue growth with exceptional service innovations.
Sri Lanka Insurance the premier insurer to the nation recorded stellar performance in 2020 to record Rs. 55.2 billion revenue for the year, a marked improvement on the Rs.48.6 billion in the year 2019.
In the year of 2020 Sri Lanka Insurance reported 30 % growth in life insurance premium increasing to Rs.19.2 billion whilst general insurance reported 7% growth in premium grew to Rs. 20.1 billion. The company achieved a combined Gross Written Premium (GWP) growth rate of 17 % during the year. General insurance contributed 51% towards the total GWP whilst Life Insurance contributed 49 %.