Wednesday, December 2, 2020

Arpico Insurance launches COVIDCARE insurance solution

Arpico Insurance PLC recently introduced a specialized insurance policy for CoVid19 – ARPICO COVIDCARE further solidifying the Company’s commitment to provide ‘Insurance for the Living’ as envisioned by Company founder and Group Chairman of Richard Peiris, Dr Sena Yaddehige.

Under this specialized policy, three distinct policy options will be availed to suit the customers’ requirements and budget. Some of the benefits offered via this insurance cover include death due to COVID-19 or accident, daily hospitalization benefit per day for quarantine in a Government approved facility, reimbursement of ICU medical costs due to CoVid19, reimbursement for CoVid19 vaccination as well as funeral expenses for death due to COVID-19 or accident.

Dr. Yaddehige said, “The insurance industry in Sri Lanka has continuously stood by its clients through some of the most trying times such as the catastrophic tsunami of 2004, the April 2019 Easter Bombings and numerous other natural disasters and calamities. We noticed a void as well as a need in the market for a specialized plan as what is already available is not designed specifically to cater to a pandemic outbreak, such as what we are currently experiencing. Creating a new product in a short span of time, under challenging circumstances are no easy feat and credit goes out to our exceptionally talented team at Arpico Insurance PLC for rising to the occasion as always,” he added.

With an unwavering commitment to serve their customers with care, compassion and respect, Arpico Insurance has built a reputation for being the most innovative Insurance Company that offers world-class Insurance solutions.

General Manager Finance and Operations, Melanga Doolwala commented “Arpico Insurance PLC was one of the first Insurance companies in Sri Lanka to cover all medical and life claims relating to the CoVid-19 pandemic. Being an Insurance service provider that is being driven by innovation and service excellence, Arpico Insurance has and will always remain committed to providing an exceptional level of service to its clients while upholding its values and doing their part to take the industry to new heights”.

Arpico Insurance PLC was incorporated in 2011 and is a regulated Insurance Company under the Insurance Regulatory Commission of Sri Lanka.

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