Innovative product from Janashakthi Life

Janashakthi Insurance PLC has launched Janashakthi Flexipay, a short-term premium payment product which provides long-term protection to policyholders and their families. This solution is ideal for individuals who are not comfortable investing in long term financial commitments.

Having understood this need, Janashakthi Life introduced a policy whereby the customer can pay off their total premium within 3-5 years of the policy and receive coverage for up to 40 years. The customer has the flexibility to customize their own policy by adding the protection and health covers as desired, making this the most attractive and complete life insurance product offer, to cater to the long-term insurance needs of the customer. Janashakthi Flexipay can also be packaged with many other life insurance benefits such as critical illness, hospitalization coverage and many more, according to a company media release.

 “Flexipay has been designed as a solution for customers who finds it challenging to commit to long term investments. Through this product, we have successfully eliminated the hassle of life long premium payments. customer-centric life insurance company,” said Ravi Liyanage, Director / CEO of Janashakthi Insurance PLC.

Janashakthi has successfully introduced many ground-breaking products in the recent past, including Janashakthi Covid Guard, specifically designed to provide much-needed financial support during the pandemic and which includes coverage for COVID-19 related death, accidents, loss of income due to being hospitalized/quarantine in a government authorized facility and also, coverage for being admitted in the ICU due to COVID-19 and Life Unlimited, which provides lifelong hospitalization insurance.