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Sri Lanka Insurance Corporation enters collaboration with ACIPL

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Sri Lanka Insurance, the national insurer entered into a strategic collaboration with Auto Capital Investment (Private) Limited (ACIPL) recently.

The main objective of this partnership is to provide an exclusive comprehensive motor vehicle insurance cover along with a warranty cover for five years for brand new electric vehicles imported by ACIPL.

The Memorandum of Understanding (MoU) exchange took place on August 17, at Sri Lanka Insurance Head Office in the presence of Dilum Rathnayaka Co. Founder/Director Chief Executive Officer of Auto Capital Investment (Private) Limited and from Sri Lanka Insurance Priyantha Perera Chief Operating Officer General Insurance, Sarath Fernando Deputy General Manager Claims General Insurance, Nadira Gunawardhana Assistant General Manager Underwriting General Insurance, Mahesh Gamage Assistant General Manager Marketing and Corporate Business General Insurance, Varuni Nonis Senior Manager Motor Underwriting, Mahen Gunawardena Senior Assistant Manager Motor Underwriting, Miyuru Rajapakshe Branch Manager, Ireha Mediwake Wethasinghe Portfolio Manager, Dantha de Silva Branch Manager and Priyantha Peiris Senior Manager.

This comprehensive insurance cover and the warranty cover is offered only for electric-driven cars, double cabs and sports utility vehicles imported by ACIPL under the permit scheme. This special insurance plan covers accidental damages and extended warranty up to 5 years from the manufacturing year. Additional covers such as flood cover, riot and civil commotion cover etc. can be added to the cover at an additional premium.

Electric cars are becoming increasingly popular in Sri Lanka as they offer a number of benefits over traditional gas-powered vehicles. These benefits include cost savings, efficiency and environmental friendliness. Also for a sustainable future countries need to move from traditional practices to more sustainable options. It will be a positive trend to see more electrical driven cars coming in to the market and as responsible orgnasiations companies need to take necessary steps to support such causes.

Sri Lanka Insurance as a pioneer in the industry always makes the first move to support sustainable business. Furthermore, driving its vision of providing ‘Insurance for all’, SLIC continues to tap in to new markets and cater to the unique needs of the customers. Therefore, to encourage customers using electric-driven vehicles and importers Sri Lanka Insurance came forward to introduce a special Insurance plan for electric vehicle owners.

The post Sri Lanka Insurance Corporation enters collaboration with ACIPL appeared first on DailyNews.

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