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 SLIC offersRs.1million free life cover to parents of childrenborn on World Children’s Day 2023

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• SLIC provides free Life Cover worth Rs. 1 million for parents of every child being born on 1st October 2023 island-wide

• The programme was carried out island-wide, covering all hospitals on 1st October 2023, taking the message of insurance to everyone.

Sri Lanka Insurancethe nation’s insurer, commemorates World Children’s Day by providing a Free Life Insurance cover worth Rs. 1 million for the parents of every child born on the 1st of October 2023. The programme will be carried out on the 1st of October 2023 covering all hospitals across the country. This special Corporate Social Responsibility (CSR) initiative was launched in 2022 with the objective of protecting the future of the children of the country. Realising the value this initiative has added to the community, SLIC decided to continue this initiative for the year 2023 as well.

As the national insurer and a responsible corporate citizen of the country, Sri Lanka Insurance has initiated many projects with the objective of uplifting the communities they operate in. SLIC’s CSR strategy focuses on three main pillars, that is Child Education, Community Development and Preserving Culture for future generations that contributes to the socio-economic sustainability of the country.

Commenting on this unique initiative Chief Executive Officer of Sri Lanka Insurance, Chandana L. Aluthgamasaid, ‘As a responsible organisation, our commitment towards the well-being of children goes beyond just financial protection.With the current challenging economic conditions demanding a safety net for everyone we believe that Insurance for all is mandatory. As a result, we initiated this special project to provide a free life cover for children born on World Children’s Day 2023. Furthermore, we have introduced many insurance solutions such as the ‘Minimuthu’ product range and the ‘School Fee Protector’ education plan to ensure uninterrupted education for our children. Our efforts as an organisation is not only insuring the lives of our children but also nurturing their dreams and protecting their aspirations today and always”.

President Counsel Mr. Ronald C. Perera, Chairman of Sri Lanka Insurance said, ‘Children are the future of the country and to ensure a secure future for them is the responsibility of every citizen of the country. Therefore, as a responsible corporate citizen SLIC has come forward to offer a free life cover to the parents of all children in Sri Lanka who are born on World Children’s Day to secure their future.”

A special event was organizedto mark this extraordinary initiative at Castle Street Hospital on the 1st of October 2023 in the presence of the Corporate management of SLIC.

About SLIC
Established in 1962, Sri Lanka Insurance Corporation celebrates over 60 years of excellence as the largest government-owned insurance company in Sri Lanka, with a managed asset base of over Rs. 274 billion and a Life fund of Rs. 156.7 billion, the largest in the local insurance industry. The only insurer to secure Fitch Ratings A (lka) rating for its long-term financial stability and sustainability and also Sri Lanka Insurance ranked as the ‘Most Valuable General Insurance Brand’, ‘Most Loved Insurance Brand’ for the 6th consecutive year in the country by Brand Finance. The national insurer is on a mission of being a customer-focused company that constantly innovates in providing insurance services to customers and is now serving customers through an extensive network of over 190 branches and customer service locations.


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