SLI declares highest life insurance bonus of Rs.9.8bn

Total bonus declaration for life policyholders since 2005 tops Rs. 83 billion

Sri Lanka Insurance declared the largest life insurance bonus to be declared in the country amounting to a staggering Rs. 9.8 billion for 2021 to its life insurance policyholders, an SLI press release said.

The 2021 bonus declaration increases to the total of life insurance bonuses declared to policyholders since 2005 to Rs. 83 billion. Further, enhancing the flexibility to adapt to the present environment, all bonus certificates have been issued through digital platforms via SMS, email and the SLIC Mobile App which is available on Apple App Store and Google Playstore, the release said.

The release adds: ‘With the outstanding declaration, Sri Lanka Insurance has upheld the trust placed by the policyholders as the strongest insurance provider in Sri Lanka despite the difficulties the country is experiencing due to the Covid 19 pandemic and the current stringent economic and social conditions.Recording the largest life insurance fund of Rs.152 billion, the company’s prudent investment management strategies and accumulating life fund have enabled the company to give higher returns to its policyholders.’