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.
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.
- 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
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.
Contact Us for More Information
Hotline : +94 11 235 7357
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