President launches second phase of ‘Viru Abhiman’ Covid-19 insurance cover

Sri Lanka Insurance Chairman .Jagath Wellawatta handing over the insurance cover to President Gotabaya Rajapaksa

The second phase of ‘Viru Abhiman’ an exclusive Covid-19 insurance cover was launched by SLIC yesterday (22) in line with President Gotabaya Rajapaksa’s ‘Vistas of Prosperity and Splendour’ national policy framework and the concept of ‘Insurance for All.”

The policy proposal was handed over to President Rajapaksa by Sri Lanka Insurance Chairman Jagath Wellawatta. The President handed it over to Minister of Health, Minister of Public Services, Provincial Council and Local Government, Minister of Industries, Secretary of Defence, Deputy Chairman and Secretary of Joint Apparel Association Forum Sri Lanka.

The government plans to offer the proposed group life insurance free of charge for all public servants including officers in the central government, provincial councils, local government and armed forces.

Further the insurance cover is extended to private sector too at a special rate.

Through the exclusive Covid-19 insurance cover policyholders will receive financial benefit of Rs.100,000 for death due to Covid-19 , Rs. 1,000 per day for hospitalization and Rs.2,000 per day for ICU cover (up to a maximum of 90 days).