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.
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
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.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Gazette on new speed limit regulations to be issued within two weeks
Cabinet has approved a proposed amendment to the Constitution that a referendum would be required to extend the Presidential and Parliamentary term beyond five years.
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