Minimuthu Parithyaga

Insurance for all from the largest & strongest National Insurer

An insurance policy specially designed to give more protection to your child at a lower premium.

With Sri Lanka Insurance Minimuthu Parithyaga Children’s Plan, your child will receive complete protection at a highly affordable premium enabling him/her to accomplish future goals.

Key Benefits

  • In the event of a parent’s demise within the premium paying term, the child will receive the total Sum Assured immediately.
  • All future premiums will be waived off.
  • That’s not all, apart from the total Sum Assured and the bonus amount, your child or the guardian will receive an additional 15% of the total Sum Assured annually until the end of policy period.
  • In the event of policyholder’s demise at the 4the year after investing Rs. 1 million on a 10 year Minimuthu Parithyaga policy.
  • You can decide on the period of which your child will require financial needs (for higher education) chose from ages 18 to 25 years.
  • Pay only a small premium and you will receive a large sum at maturity to fulfill your child’s future goals.
  • You can choose from Rs. 50,000 upwards (depending on your income) as the Sum Asured.
  •   A part from the total Sum Assured, you receive the bonuses at maturity, which is calculated from the first year of policy commencement.

Plan: Minimuthu Parithyaga Plan

Term Available: 10 to 24 years

Age Limit

  • Parents with children in the ages between 1 month and 15 years

First Life (Parent)

  • Family protection unit (Additional life cover)
  • Critical illness cover (Jeewaka)
  • Accidental death cover
  • Extended permanent disability benefit (Due to accident)
  • Extended permanent disability benefit (Due to sickness)
  • Permanent partial disability cover
  • Hospitalization cover (Arogya)
  • Funeral expenses cover

Second Life (Parent)

  •  Family protection unit (Additional Life Cover)
  • Critical illness cover
  • Accidental death cover
  • Extended permanent disability benefit (Due to accident)
  • Extended permanent disability benefit (Due to sickness)
  • Permanent partial disability cover
  • Hospitalization cover (Arogya)
  • Funeral expenses cover

Child

  •  Critical illness cover
  • Hospitalization cover (Arogya)

Why should I select Sri Lanka Insurance as my insurance partner?

Sri Lanka Insurance is the pioneer insurance company in the island with a history spanning 55 years. Being backed by the state has added to its strength and credibility while it has the most experienced technical knowledge base. Its Life Fund of Rs. 90.3 billion and asset base of Rs. 171.8 billion are unmatched in the industry.

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