An insurance policy that gives early returns whilst offering comprehensive protection
Understanding the modern and vibrant lifestyle of the young generations, Sri Lanka Insurance presents an ‘Early Cash’ life insurance solution that 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 the policy period. (50% for a 10-year plan and 40% for a 15/20 year plan).
Also, policyholders will receive an 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 the 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 choose 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.
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.
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