Janashakthi Insurance PLC has launched a comprehensive insurance plan for Sri Lanka’s growing tourism and hotel industry. 'Hotel Plus' provides insurance cover to all operators ranging from star-class hotels, boutique hotels to all Tourist Board approved Rest Houses, the company said.
It covers 11 frequent and critical areas under risk such as Fire and Allied perils, Fire Consequential Loss, Burglary, Public Liability, Money in Transit, Breakage of Glass, Personal Accident, Fidelity Guarantee, Workmen’s Compensation, Electronic Equipment and Boiler and Pressure Vessel, and has the flexibility to customise these offerings in keeping with each circumstance and the attendant risks.
The company said Serene Pavilions Wadduwa, a boutique hotel, signed up for the first-ever 'Janashakthi Hotel Plus' policy. Its Deputy Chairman/CEO Anura Lokuhetty was quoted in the press release as saying, “I’m happy that Sri Lanka’s hotel operators have finally got a comprehensive insurance policy with such a wide scope of cover which safeguards us against various kinds of risks that we most often face”.
Mr Lokuhetty who is also the President of the Tourist Hotels Association of Sri Lanka said that this was an ideal tool for the hotel industry which not only brings in relief but also great peace of mind.
Janashakthi’s Managing Director Prakash Schaffter said that with the rise in tourism and the expansion of several hotels and resorts throughout the country, the need for a comprehensive hotel insurance policy has been identified. “We are currently in the year of ‘Visit Sri Lanka 2011’ as the country opens its doors to an anticipated 750,000 foreign visitors.
We are all aware that certain insurance covers are compulsory for tourist accommodation providers to get Tourist Board approval. This policy has been carefully conceived to include as many risk areas which makes it a unique tailor-made product for the hotel industry,” he added. |
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