Mon, 24 Jan 2022 Today's Paper

Ceylinco Life launches policy to support continued education of children

23 November 2021 12:23 am - 0     - {{hitsCtrl.values.hits}}

A A A

Ceylinco Life Senior Assistant Brand Manager Sushan Sirisena addresses the audience at Education Protector policy launch 

 

An insurance plan designed exclusively for the purpose of ensuring the continued education of children has been launched by Ceylinco Life in response to one of society’s most pressing concerns.
Ceylinco Life ‘Education Protector’ enables a parent to, with just a single one-time premium payment, secure the future education prospects of a child in the event of his or her inability to do so, due to death or total and permanent disability.
Conceptualised as a safety net to ensure a child will continue to be able to afford education through uninterrupted funding, Education Protector is one of the simplest and most affordable products of its kind, the life insurance leader said.
“Sad stories of children’s education being interrupted due to the untimely demise of a breadwinner are becoming all too common,” Ceylinco Life Managing Director Thushara Ranasinghe commented.
“Our credo has always been de-risking the future of our policyholders and their loved ones and this policy provides an excellent example of how we can do just that and support future generations of Sri Lankans.”
Parents who want to secure the future education of their children with Ceylinco Life Education Protector can choose a monthly benefit cover ranging from Rs.5,000 to Rs.50,000 that will be provided to the child continuously for a period of two to 12 years to meet education expenses, including school fees, tuition fees, books and stationery costs, in case of the demise or total and permanent disability of the policyholder.  
Anyone between the ages of 18 and 60 can purchase this simple single premium policy with a one-time payment, company said. 
Using a hypothetical example to elaborate on the policy, Ceylinco Life said a 30-year-old can purchase an Education Protector policy, which provides a monthly benefit of Rs.25,000 for a term of 12 years for a child, for a one-time payment of Rs.50,160 in the case of a male policyholder and Rs.39,970 in the case of a female policyholder.

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


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




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


“US has a right to criticise and to be criticised” – Sam Brownback

The United States continues to police other countries on democracy and human

Indo-Lanka Accord, 13th Amendment and the Tamil March of Folly

Much concern is now being shown by political parties representing the minorit

How a Sri Lankan woman’s death shook Japan and pushed towards changes

Japan has long been internationally criticised for its refugee recognition an

Turmoil in Toronto as “Tigers” Target TNA Meeting

Last Saturday (Nov. 20) saw a group of self-styled political activists creat