A timely medical cum life insurance plan that enables a policyholder to build a medical fund that can pay for medical needs for up to 20 years after the original plan matures, has been launched by Ceylinco Life in response to the evolving needs of the market.
‘Ceylinco Life Medical Saver’ offers local and global hospitalisation cover for reimbursement of medical and surgical expenses; life cover with supplementary benefits for the term of the policy; and saving for future medical expenses after policy maturity, creating a backup health fund for medical needs during retirement.
Ceylinco Life’s Chief Operating Officer Ranga Abeynayake said, “One of the biggest concerns today is meeting medical costs of people in their seventies and eighties, when insurance policies are no longer in force and when the earning capacity of the majority is impaired.
“Ceylinco Life Medical Saver has been designed expressly to address this concern. We are extending our commitment to our policyholders well beyond the term of their policies with a policy that protects and helps save for the future,” he said.
