Business
Ceylinco VIP pays Rs 437 million for serious illnesses of its motor policy holders as additional benefits
Delivering on its promise to provide added benefits, Ceylinco VIP On The Spot paid a whopping Rs 437 Million for serious illnesses of its motor policy holders. All Ceylinco VIP On The Spot motor policy holders who insure their vehicles with Ceylinco VIP are automatically entitled to an exclusive Rs 1 Million Serious Illness Cover that will reimburse medical costs incurred in the treatment of heart disease, cancer, kidney failure, stroke and several other serious illnesses (including major organ transplants, chronic lung and liver diseases, deafness, blindness, multiple sclerosis, paralysis etc). From the Rs. 437 paid out, Rs 315 Million was paid for heart-related ailments and another Rs 122 Million for the treatment of cancer and kidney ailments and several other serious illnesses. Among the beneficiaries are comprehensive policy holders who insured all types of vehicles with Ceylinco VIP as well as 3rd party policy holders.
“Considering the uncertainty prevailing these days, customers seek genuine partnerships that deliver on promises and provide valuable benefits. Ceylinco General Insurance believes in delivering a high level of service that delight customers. Ceylinco General Insurance has created a unique and unparalleled product that extends never-before- benefits to customers and keeps adding further value at regular intervals. Ceylinco General Insurance is always looking ahead to understand the evolving needs of customers so as to be able to offer benefits that ease their financial burden and fulfil their aspirations,” opined Patrick Alwis, Chairman / Chief Executive Officer of Ceylinco General Insurance.
Adding further, Upali Witharana, Managing Director of Ceylinco General Insurance said, “Considering the financial pressures prevalent in Sri Lanka today and the ongoing threat of the COVID-19 virus, medical costs are a great source of worry for customers. Since Ceylinco VIP has carved out a major share of the vehicle insurance market, most Sri Lankan vehicle users are now entitled to this valuable health insurance cover in addition to others they already enjoy. Some of the other benefits are a 10-year warranty for ther vehicle against manufacturers’ defects, which is valid for the first 10 years from the year of manufacture; if a brand new or unregistered vehicle gets condemned within two years of the first registration and the market price is higher than the present sum insured, an additional 25% is given for free with the claim; a Rs.4 million Emergency Hospitalisation Insurance Cover; a similar replacement vehicle in the event the accident repair exceeds four days; emergency roadside assistance; personal accident cover of up to Rs.200,000/- for each passenger; the insured value of the vehicle increasing by 10% every year, payment of lease instalments of up to two months in the event of a repair exceeding 30 days etc. These are unique and exclusive benefits only accessible to our Ceylinco VIP On The Spot policyholders.”
Ceylinco General Insurance introduced the exclusive Rs. 1 Million Serious Illnesses cover as a landmark move in 2017 for its Ceylinco VIP On The Spot Motor policy holders. In the case of individual customers, the insured is entitled to this revolutionary benefit, while corporate customers or fleet owners must name an individual (user or driver) as beneficiary. For individual customers with more than one vehicle, the spouse or immediate family members could be named as beneficiaries. Similarly, comprehensive motorcycle and Three Wheeler policyholders are entitled to a cover of Rs.100,000/- and third party customers too are entitled to a cover of Rs.100,000/-.
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
