Protect - Group Term Policy

Protect - Group Term Life Policy

An exclusive insurance solution that covers all your employees under one policy to provide a greater sense of security as well as belonging within the workplace. This policy includes:

  • Life Insurance Cover and Accidental Death Benefits
  • Total and Permanent Disability Cover
  • Partial Permanent Disability Benefits (in case of an accident)
  • Critical Illness Cover
  • Funeral Expense Cover
  • Hospital Cash Benefit


The Protect - Group Term Life Policy offers 3 specialized insurance plans that employers can choose from based on minimum premium, to comprehensively cover their employees with the utmost care:


Protect Premier
Minimum Premium
From LKR 1,000 per month
Life Insurance Cover
LKR 2.5 million*
Protect Supreme
Minimum Premium
From LKR 500 per month
Life Insurance Cover
LKR 900,000*
Protect Super
Minimum Premium
From LKR 5 per day
Life Insurance Cover
LKR 400,000*

*Conditions Apply

Insurance for all from the largest & strongest National Insurer
Coverage for all employees

Coverage for all employees under one insurance cover

Higher coverage

Higher coverage for lower premium

Less documentation

Less documentation

Employee Benefits

Fosters employer brand value, aiding in the retention and attraction of employees

  1. Policyholder should be a legally registered Company/Institution.
  2. Group Term assurance policy is yearly renewable policy.
  3. Minimum number of Employees/Members should be not less than 25.
  4. Minimum age at entry of the Member should be 18 years of age.
  5. Maximum cover ceasing age is 70 years of the Member.
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 over 60 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 in excess of LKR 156.7 billion  and asset base of over LKR 274 billion are unmatched in the industry.

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