When thinking of long-term investment opportunities that will set you for life, look no further than the Praguna life insurance policy. Your sum assured will be increased annually by 5% while your premium remains the same, so that in 20 years, you will receive double your basic sum in return!
Eg: For a plan with sum assured at LKR 500,000:
Guaranteed annual increase
Guaranteed annual increase of the sum assured by 5% at no increased premium
Increased sum plus cumulative bonus for basic sum guaranteed at maturity
Policy period available from 10, 15, 20, 25, 30, 35 to 40 years
Premium payment options
Flexible range of premium payment options (monthly, quarterly, bi-annually or annually)
Expandable with additional covers for enhanced protection such as Critical Illness Cover, Hospitalization Cover, Spouse Cover and many more
Compensation on death
In the event of the death of the policyholder, the basic sum assured plus the increased amount added due to the basic sum assured based on 5% interest rate will be double and paid with bonus to the dependent as a lump sum payment
Flexibility to add your spouse & up to five dependent children for hospitalization benefits
- Adults between the ages of 18 to 60 years are eligible for the Praguna High Returns Plan
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.