Sri Lanka Insurance Life (SLI) is introducing a new life insurance solution to cater to the long term investment needs of customers while providing protection to the policyholders.
SLI’s ‘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 a 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 amount making it an unparalleled insurance solution in the market, SLI said in a media release.
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 etc.
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 a bonus to the dependent as a lump sum payment.
The insurance policy is open for anyone in the age of year 18- 60 and policyholders can chose the policy period from 10, 15, 20, 25, 30, 35 to 40 years. Also premium payments can be made annually, bi annually, quarterly and monthly as per the convenience of the customer.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Leave Comments