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SLI declares the highest ever life insurance bonus of Rs.8.6 bn for Life policyholders

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With the outstanding declaration, Sri Lanka Insurance has upheld the trust placed by the policyholders as the strongest insurance provider in Sri Lanka despite the difficulties the country is experiencing due to the COVID 19 pandemic.

Sri Lanka Insurance life insurance offers an array of life insurance solutions to suit the needs of every walk of life in today’s competitive market environment.

Recording the largest life insurance fund of Rs.138 billion, the company’s prudent investment management strategies and accumulating life fund have enabled the company to give higher returns to its policyholders.

The nation trusted insurer has achieved this extraordinary performance while reporting significant growth in its assets base to Rs. 243 billion, which is again the largest in the insurance industry. In the year 2020 Sri Lanka Insurance reported 29.9 % growth in life insurance premium increasing to Rs. 19.2 billion from 14.8 billion in 2019.

Focus towards customer convenience took centre stage in the company strategies in the year 2020, with the introduction of online payment gateways, 0% interest easy payment schemes, and online proposal submission.

Educating the Sri Lankan people of the importance of life insurance is an aspect Sri Lanka Insurance holds close to its heart from the inception of its existence.

The national insurer is at the forefront of propagating the concept of life insurance to every corner of the country ensuring the protection for all Sri Lankans.

The trust Sri Lanka Insurance has earned from the people of Sri Lanka is evident by the accolades it received for various awards.

Source DailyNews
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