Consumers can now invest and receive guaranteed returns of 7.5% simple interest rate per annum (guaranteed return at maturity) with INVESTMENT+ from Union Assurance PLC.
INVESTMENT+ provides a unique investment opportunity and an inbuilt life cover for the policyholders and their loved ones. With a guaranteed total return at the end of the policy term, INVESTMENT+ is the ideal investment solution to realize short-term financial goals, whether it is for a child’s education, starting a new business or as a retirement fund, the company said in a media release.
Investment+ offers policyholders the opportunity to build substantial capital over a shorter term of three years. It also offers protection of the fund for the period, with a built-in life cover that protects the fund against an untimely demise, in which dependents will receive a total guaranteed return. Applicants for the facility must be in reasonably good health and be aged between 18 and 65 years.
In the existing low-interest environment, the product is a stable, short-term investment solution.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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