Sunday, April 20, 2025

Sri Lanka Insurance launches ‘Home Protect Lite’

by damith
November 19, 2023 1:05 am 0 comment 270 views

• An innovative online home insurance policy for your convenience

Sri Lanka Insurance (SLIC), the pioneer insurance provider launches ‘Home Protect Lite’. It is a first of its kind policy which has been introduced by SLIC.

This policy is a first loss basis home insurance policy which is designed to Provide insurance coverage for a pre-determined sum insured to meet specific needs of customers. SLIC continues to evolve through product development and innovation to cater to today’s customer.

The company has been continuously investing its time and money to understand customer behaviours and their needs to develop products and services to ensure customer needs are met and deliver convenience to customers.

‘Home Protect Lite’, is a product that has focused mainly on providing customer convenience and ease. It can be purchased online or over the counter instantly, smooth claim settlement process, less documentation and speedy service delivery, declaration of list of items not required at the time of purchasing the insurance cover and most importantly affordable premiums offering peace of mind for the customers.

‘Home Protect Lite’ offers five specified packages catering to a wider range of customers to suit their budgetary requirements.

This comprehensive policy provides protection to the policyholder’s house and its belonging against the following perils: Fire and lighting, Malicious damages by any person(s), explosions, natural disasters, electrical damages (electrical and electronic items), bursting and overflowing of water tanks, related gear and pipes, damages caused by aircraft accidents and other impacts, and burglary involving forcible and violent entry.

Extensive research and presence of mind has enabled Sri Lanka Insurance to identify market opportunities where they continue to innovate and develop products to cater to the needs of the people.

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