Wednesday, August 12, 2020

SLI declares highest ever life insurance bonus of Rs. 8.2 bn

Sri Lanka insurance (SLI) declared the largest ever life insurance bonus of Rs. 8.2 billion for the year 2020 to its life insurance policyholders, recording the largest life insurance bonus ever to be declared in the insurance industry of Sri Lanka, this brought total of life insurance bonuses paid to policyholders since 2005 to Rs. 64.6 billion.

With this outstanding achievement Sri Lanka Insurance has upheld the trust placed by the policyholders by endorsing Sri Lanka Insurance life insurance as the life policy with the highest return.

Educating the Sri Lankan people of the importance of a life insurance is an aspect Sri Lanka Insurance holds close to its heart from the inception of its existence. It is in the forefront of propagating the concept of life insurance to every corner of the country.

The trust Sri Lanka Insurance has earned from people of Sri Lanka is evident by the accolades it received. SLIC is ranked ‘The Most Loved Insurance Brand’ and the 3rd ‘Most Loved Consumer Brand’ in the country by Brand Finance.

Sri Lanka Insurance life insurance basket offers a range of life insurance plans to suit every stage and need of life in today’s competitive market environment.

Recording the largest life insurance fund of Rs.116 billion, the company’s prudent investment management strategies and accumulating life fund have enabled the company to give higher returns to its policyholders.

The nations trusted insurer, has achieved this extraordinary performance while reporting a significant growth in its assets base to Rs. 211 billion, which is again the largest in the insurance industry and securing the Fitch rating AAA (lka) for long term financial stability making it the only insurance company in Sri Lanka to receive AAA (lka) rating and secure the rating for the second consecutive time.

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