Speed Investment Plan

What is Speed Investment Plan?

When thinking of long-term investment opportunities that will set you for life, look no further than the Speed Investment 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:

10th Year
Return
LKR 750,000 + bonuses
20th Year
Return
LKR 1,000,000 + bonuses (double of basic sum assured)
30th Year
Return
LKR 1,250,000 + bonuses

 

Insurance for all from the largest & strongest National Insurer
Benefits
Guaranteed annual increase

Guaranteed annual increase of the sum assured by 5% at no increased premium

Increased bonus

Increased sum plus cumulative bonus for basic sum guaranteed at maturity

Policy period

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)

Additional covers

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

Flexibility to add your spouse & up to five dependent children for hospitalization benefits

Eligibility
  • Adults between the ages of 18 to 60 years are eligible for the Speed Investment Plan
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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