Minimuthu Dayada

What is Minimuthu Dayada?

Set a strong foundation for your child’s future today with the Minimuthu Dayada insurance policy. Specially designed to ensure your child receives highly beneficial returns at an affordable premium, Minimuthu Dayada guarantees an attractive 125% sum assured on maturity, strategically spread over a payment period of 5 years from the date of maturity.

Insurance for all from the largest & strongest National Insurer
Benefits
Maturity benefit of 125%

Maturity benefit of 125% of the sum assured spread over a payment period of 5 years from maturity, along with the cumulative bonus calculated from the first year of policy commencement

Investment for your child

An Investment to start when your child reaching 18 years of age.

Policy terms

Policy terms from 5 - 18 years depending on child’s age.

Flexibility

Flexible range of premium payment modes (monthly, quarterly, bi-annually or annually).

LKR 1,000 per day for hospitalization

LKR 1,000 per day hospitalization cash benefit cover for the child in case of hospitalization due to an accident or sickness.

Compensation on death

Natural death of a parent during the premium paying term immediately entitles the child to 3 times the sum assured with cumulative bonuses, and a waive off of all further premiums. The child will also receive triple the installment sums on maturity.

Compensation on death

Accidental death of a parent during the premium paying term immediately entitles the child to 5 times the sum assured with cumulative bonuses, and a waive off of all further premiums. On death of the parents the child will also receive. 3 times the bonus sum assured at maturity.

Compensation on death

Accidental death of a parent during the benefit paying term immediately entitles the child to 5 times the sum assured with cumulative bonuses, with all future installment sums tripled.

Disability of a parent

Total and permanent disability of a parent (life assured) during the premium paying term immediately entitles the child to a waive off of all further premiums. An amount equal to the sum assured will be paid in 5 equal installments, with the child receiving triple the installment sums on maturity. Cumulative bonuses will be paid together with the final installment.

Additional covers

Expandable with additional covers for enhanced protection such as Critical Illness Cover, Health Cover, Funeral Expense Cover and many more.

Eligibility
  • The policy can be obtained by parents between the ages of 20 to 65 years on behalf of children between the ages of 1 to 13 years
  • The child should not exceed 18 years of age before the policy matures
  • Minimum sum assured should be LKR 100,000
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 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 116 billion and asset base of over LKR 211 billion are unmatched in the industry.

Learn More
Quick Inquiry

Contact Us for More Information

Hotline : +94 11 235 7357

Find the Nearest Branch

Find Now

Download the Annual Report

Download Now