Wed, 07 Dec 2022 Today's Paper

‘How much is enough?’ Ceylinco Life asks in Retirement Planning Month campaign

30 April 2015 03:10 am - 0     - {{hitsCtrl.values.hits}}

A A A

The impact of inflation on long-term savings, the principal bugbear in pensions computing, provides the theme for a month-long, country-wide campaign by Ceylinco Life this May to promote retirement planning.
“How much is enough?” is the question the life insurance leader will pose in its communications as well as its engagement with thousands of Sri Lankans, as a 4,000 plus sales team takes to the streets for the company’s eighth annual Retirement Planning Month exercise.
May has been the company’s designated Retirement Planning Month since 2008, and every year, the sales team is tasked with focussing on this segment of business during the month.
This year, a special consumer promotion supports the door-to-door interaction of the sales force with target consumers, offering them a chance to receive a valuable gift from Ceylinco Life when they purchase a retirement plan or top up an existing retirement plan in order to combat the effects of inflation. 
“The rising cost of living necessitates a periodic evaluation of one’s current level of savings to ascertain whether it is enough to sustain future expenses and to live comfortably in retirement,” Ceylinco Life Managing Director/CEO R. Renganathan said.
“As a professional and ethical promoter of life insurance and retirement plans, it is our duty to educate customers about this aspect and the importance of studying the rates of return offered by the different products in the market.”
Ceylinco Life Retirement Plans provide a higher return than most fixed deposit and savings accounts, he said. Proceeds from retirement plans are exempt from tax.
Ceylinco Life Retirement Plans can even be purchased online by visiting the company’ website www.ceylincolife.com. 
In April last year, the company made saving for retirement even easier by adding three new flexible retirement plans to its portfolio of retirement planning products. This made it possible for saving to be commenced with as little as Rs.1,000, with payments made monthly, quarterly, half-yearly or annually for a term of five years.
Ceylinco life has close to a million lives covered by active policies. The company is acknowledged as the benchmark for innovation in the local insurance industry for its work in product research and development, customer service, professional development and corporate social responsibility.
Independently rated one of Sri Lanka’s most valuable brands, Ceylinco Life has maintained its leadership of the country’s long-term insurance sector from 2004 onwards. The company operates the largest branch network among local life insurance companies and has won multiple international and local awards for its commitment to the community and success in brand equity building.

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Economy Decoded! Let’s talk about tax!

We explain the proposed new tax reforms in Sri Lanka and what it means

She said/He said

Much has been written and said in the last few days since the news was releas

POLICE ON TRIAL: Exercising Authority without Accountability

Although armed with the power of the State and empowered to use force against

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning