Business
Ceylinco VIP enhances Accidental Health Insurance benefit to Rs 10 million – absolutely free for all policyholders
Ceylinco General Insurance announced recently that the Accidental Health Insurance benefit offered to its Ceylinco VIP On The Spot Motor Insurance policy holders will be increased to over Rs 10 Million with immediate effect. This Emergency Hospitalisation Insurance Cover is absolutely free-of-charge for its Ceylinco VIP On The Spot customers.
It includes a cover of Rs. 2 million for hospitalisation expenses in the event of a road traffic accident within Sri Lanka and, if necessary, for follow-up treatment overseas on medical recommendation. Further, in the event of a policyholder travelling overseas, he or she will be entitled to a hospitalisation cover due to any medical emergency up to Rs. 2 Million, and Rs. 4 Million for hospitalisation expenses due to an accident for up to 15 days whilst overseas.
Furthermore, overseas travelers will be entitled to Personal Accident Insurance of Rs. 2 Million, which will include Death and Total Permanent Disablement covers while overseas and Permanent Partial Disablements will be covered up to Rs. 1,000,000/-. The benefits announced will be applicable to comprehensive policyholders of Ceylinco VIP On The Spot who have insured their Cars, Vans, Jeeps, Double Cabs, Buses, Lorries as well as Three Wheels. Similarly, comprehensive motorcycle policyholders will be entitled to a Hospitalisation Cover of Rs. 500,000/- in the event of a road traffic accident within Sri Lanka. Third party customers too will benefit with a cover of Rs. 300,000/- for hospitalisation in the event of a road traffic accident within Sri Lanka for vehicles and Rs. 200,000/- for motorcycles.
The new cover will be valid for all new policies with immediate effect and at the next renewal for existing policies. In the case of individual customers, the insured will be entitled to this revolutionary benefit, while corporate customers or fleet owners must name an individual (user or driver) as beneficiary.
“This benefit will undoubtedly ease the burden on our customers to a great extent. In addition to a host of other benefits they already enjoy, such as a Serious Illness cover of Rs One Million for hospitalization due to Cancer, Heart Attack, Kidney transplant and 21 illnesses, an additional 25 % with the claim if a brand new or unregistered vehicle gets condemned within two years of the first registration (even if the market price is higher than the present sum insured), a similar replacement vehicle in the event the accident repair exceeds four days, emergency roadside assistance etc.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”