Identifying the dynamic customer needs in today’s competitive market environment Sri Lanka Insurance Life is introducing new life insurance solution to cater to the long term investment needs of customers while providing protection to the policyholders.
Sri Lanka Insurance ‘Speed Investment’ is the latest additions for the Sri Lanka Insurance Life product portfolio which gives higher returns for the policyholders. The new ‘Speed Investment’ insurance is a long term plan in which sum assured will be increased annually by 5% while the premium remains the same and in 20 years, policyholder will receive doubled basic sum assured in return with unmatchable bonus amountmaking it an unparalleled insurance solution in the market.
The insurance plan can be further customized with additional covers for enhanced protection such as Critical Illness Cover, Hospitalization Cover, Additional Life Cover, Permanent Disability Benefit, Accidental Death Cover and Spouse Cover.
In the event of the death of the policyholder, the basic sum assured plus the increased amount added to the basic sum assured based on 5% interest rate will be doubled and paid with bonus to the dependent as a lump sum payment.
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