Sri Lanka Insurance (SLIC) has introduced “Jana Rakuma” Individual Personal Accident Cover to extend the benefits of insurance to the general masses of Sri Lanka.
The “Jana Rekuma” Individual Personal Accident Cover caters to the mass market covering individuals who are not insured, yet are highly vulnerable to various risks. The cover is specially designed with an affordable premium covering accidental death under three insured limits Rs. 250,000, Rs. 500,000 and Rs. 1,000,000, and provides cover for funeral expenses and provides daily cash benefit in the event of hospitalisation, the insurance company said in a media release.
“The much needed affordable insurance reflects the efforts of Sri Lanka Insurance to include more communities, segments and age groups under the banner of “Insurance for All” which develops practical and accessible insurance solutions for all socio-economic groups,” it said.
Sri Lanka Insurance Chairman Eng. Vijitha Herath and Chief Executive Officer Chandana L. Aluthgama and the corporate management obtained the “Jana Rekuma” Individual Personal Accident cover to symbolise the launch of the insurance. Further, an internal awareness drive was conducted across all departments of SLIC allowing SLIC staff members the opportunity to purchase the insurance cover.
The Presidents’ Entitlements (Repeal) Bill under which benefits for former Presidents would be reduced has been gazetted.
The State Department is proposing requiring applicants for business and tourist visas to post a bond of up to $15,000 to enter the United States, a move that may make the process unaffordable for many, foreign media reported.
Sotheby’s has returned ancient gems linked to the Buddha’s remains following pressure from the Indian government.
Intex Sri Lanka 2025, the 17th edition of the region’s premier textile and apparel sourcing fair will take place from August 6 to 8 at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.
Leave Comments