The Mortgage Protection Plan is a single premium policy especially designed to protect borrowers against the untimely death and the resulting financial difficulties during the remainder of the repayment period of your loan.
Single premium plan
Single premium plan
Repayment of balance in the event of death
Repayment of balance loan to the bank in the event of death of policyholder
Policy terms from 01 – 40 years
Policy terms from 01 – 40 years depending on loan repayment period
Expandable with additional covers
Expandable with additional covers for enhanced protection such as total permanent disability benefits due to accident or sickness
- Adults between the ages of 18 to 68 years are eligible for the Mortgage Protection Plan with their age at entry not exceeding 70 years.
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.