SLIC offers Rs.1mn free life cover on World Children’s Day

Senior Management of SLIC Life symbolically handing over a Free Life Cover of Rs. 1 million to a parent whose child was born on 1st of October 2025

In celebration of World Children’s Day 2025, Sri Lanka Insurance Life (SLIC Life) extended a Rs. 1 million free life insurance cover to the parents of every child born on October 1st across the island. 

Now in its fourth consecutive year, the initiative reflects SLIC Life’s mission to provide financial protection to families at crucial moments while reinforcing the value of life insurance as a safety net.

This free life cover provides parents of newborns with vital financial security during uncertain times, helping families lay a stable foundation for the future. On October 1st, SLIC Life implemented the programme nationwide, covering every hospital in Sri Lanka to ensure parents across the country benefitted from this unique offering.

Launched in 2022 as part of SLIC Life’s Corporate Social Responsibility (CSR) programme, the project was designed to protect the future of the nation’s children by supporting their parents. 

The positive response and impact on families over the past three years inspired SLIC Life to continue the initiative, which has since grown into one of the company’s most meaningful annual CSR efforts. 

To celebrate the initiative, a special event was held at Castle Street Hospital for Women, Colombo, on 1st October where representatives of SLIC Life joined hospital staff and families in marking this milestone. The gathering emphasized the importance of life insurance in securing brighter futures for children and their families.

SLIC Life’s commitment to children and education is deeply embedded in its CSR strategy. Recently, the company was honored with the Excellence in CSR Award at the Sri Lanka Leadership Awards, acknowledging its sustained contributions to education and community welfare. A flagship initiative, ‘Pasal Piriyatha Surakimu’ launched in 2007, has benefitted over 3,365 underprivileged schools with classroom refurbishments, water facilities, libraries, and learning resources. 

SLIC Life recognizes that children are the foundation of the nation’s future. By offering a Rs. 1 million free life cover to parents of newborns on World Children’s Day, the company demonstrates how insurance provides essential protection throughout life’s journey. 

Through this programme and other initiatives, SLIC Life has set a benchmark for the industry, highlighting the importance of financial security for families. With children at the heart of its mission, the company remains committed to creating a brighter, more secure future for all Sri Lankans.