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:
Coverage for all employees
Coverage for all employees under one insurance cover
Higher coverage for lower premium
Fosters employer brand value, aiding in the retention and attraction of employees
- Policyholder should be a legally registered Company/Institution.
- Group Term assurance policy is yearly renewable policy.
- Minimum number of Employees/Members should be not less than 25.
- Minimum age at entry of the Member should be 18 years of age.
- Maximum cover ceasing age is 70 years of the Member.
Sri Lanka Insurance is the pioneer insurance company in the island with a history spanning 57 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 152.5 billion and asset base of over LKR 268 billion are unmatched in the industry.