Business
Invest in a peaceful retirement with Life Insurance
Life is a beautiful journey – but often unpredictable, as events outside our control can derail the best-laid plans. While we may have no influence over many of these major life events, we can definitely protect our loved ones and ourselves by using insurance both as protection against emergencies and as an investment. With increased life expectancy, people are leading longer lives, but unfortunately after retirement there is no security of a monthly income. This is where insurance kicks in – as it ensures financial independence to enjoy your preferred lifestyle while protecting you against unforeseen circumstances such as medical emergencies which are usually unavoidable in old age.
Moreover, having Life Insurance can give peace of mind to your family members and help minimize the financial impact in case of serious illnesses or the policyholder’s untimely demise. In addition, insurance retirement plans offer income replacement, as in the event of the policyholder’s death, Life Insurance can provide financial benefits as lump-sum or regular instalments which will ensure your loved ones will get to enjoy the lifestyle you envisioned for their future without hassle.
Also the strong financial security provided by insurance ensures one can enjoy the same lifestyle even after retirement, and without compromising on life goals such as travel and lifestyle expenses. Therefore, the best time to decide on a long-term life insurance plan is when an individual is at the prime of life so that you are rest assured that you have provided wisely for your retirement. It is important to invest at a young age where the premium one has to pay is way less oppose to starting a retirement plan at an older age. Depending on the age and medical conditions the premiums will differ and in most cases it will be higher.
Sound retirement plans can help to plan out your post retirement life as it should be after years of working hard for your loved ones as they can provide policyholders with a monthly income to be financially independent alongside Health and other benefits. Customers have the option of adding covers such as critical illness coverage, extended permanent disability benefits due to accidents, family protection benefits, and many more to their retirement plans
There are numerous retirement plans in the market which are made available by the Life Insurance companies in Sri Lanka. Insurance Association of Sri Lanka (IASL) reiterates the importance of having a Life Insurance plan for every individual from all walks of life and therefore invites all citizens to study the available plans and select the most suitable plan which will provide benefits for a peaceful and enjoyable retirement.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
