Hutch and Janashakthi launch accident and life cover for as low as Rs.50 per month
View(s):Hutch said this week it has entered into a partnership with Sri Lankan insurer Janashakthi Insurance to provide more affordable and convenient insurance cover for their subscribers for as low as Rs. 50 a month.
The Hutch subscriber base (both pre-paid and post paid) can now simply dial *235# and enroll for one of the two product schemes on offer. The option of a half a million rupee personal accident benefits and Rs. 100,000 natural life cover costs ‘only Rs. 50 a month’, whilst the second option of a million rupee personal accident benefits and Rs. 200,000 natural death cover ‘costs only Rs. 99 a month’, according to a Hutch media release.
“In the past obtaining an insurance cover was a very complicated and a time consuming process that discouraged people from taking this type of crucial and essential protection that one definitely needs. Now with mobile technology and payment facilities, Hutch is able to offer Janashakthi Insurance cover conveniently and directly to all its customers nationwide” Thirukumar Nadarasa, CEO of Hutch said.
Ms. Dayalanie Abeygunawardane, Chief Operating Officer – General Insurance, of Janashakthi Insurance PLC said that they were delighted with this partnership with Hutch. “With over 20 million mobile connections across the country, the mobile industry can play a vital role in taking the benefits of financial protection to a wider section of our population in a hassle free manner, very cost effectively. Janashakthi Insurance as one of the largest and strongest providers of financial protection in Sri Lanka is in the forefront of Telco innovations and our tie up with Hutch will further strengthen our position in this sector. We commend Hutch for their initiative to provide a safer and secure financial future for their loyal customers”.