Life Insurance

LIFE INSURANCE PAYS A DEFINED AMOUNT FOR UNEXPECTED EVENTS.

Term Plan
Provide protection for a limited period only, the sum insured of the policy becoming payable if death occurs within a specified period, nothing being payable in the event of survival. Premium of this plan is relatively low when compared to other plans.
Whole Life Plan
This plan is the cheapest method of providing insurance protection for dependents. The sum insured is paid on the death of the life assured. The premium has to pay till the death of the life is assured.
Endowment Plan
This plan combines death protection and the savings aspect of life insurance. Since the sum assured is payable at the expiration of the selected term or the prior death of the life insured.
Life Annuity Plan
This plan provides guaranteed payment at regular intervals as long as the insured is alive or selected period.
Investment-linked Insurance
Life assured can pay premium monthly, quarterly, and yearly. Eligibility age between 18-65 years.

Features

  • In the event of the untimely death of a breadwinner, provide a lump sum to the family as an income for the family to meet there day to day needs.
  • To cover unexpected medical expenses due to accidents or major illnesses other than normal hospitalization.
  • Provision of a fund for retirement.
  • Provide periodical funds for child education.

Additional Coverage Options for Your Selected Life Plans

To provide you with enhanced financial protection, our life insurance plans offer a range of optional covers that can be tailored to your personal needs and circumstances. These add-ons help ensure comprehensive security for you and your loved ones in times of uncertainty

Key Requirements

  • Critical illness cover
  • Hospitalization benefits cover
  • Permanent disability benefits due to accidents or sickness.
  • Accidental death cover
  • Spouse cover
  • Funeral expenses cover
  • Whole life cover after maturity of the policy or a selected period

How do I obtain this policy?

Step 1

Submit your details (as mentioned under Policy Eligibility) to technical@acig.lk , call +94 117 514 333 or WhatsApp +94 761 408 437

Step 2

Obtain your quotation and discuss the terms with our dedicated team

Step 3

Proposal form signing to confirm your policy

Get a Quote

Please click the button below and fill out the form to receive your engineering insurance quotation.

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