Samagi Life Insurance Policy Participating endowment Plan. Basic Sum Assured will be paid at maturity or death during the Policy term with the accumulated bonuses. If the Policy kept in force and survived up to maturity a free whole life cover equal to Basic Sum Assured is available.
Samagi Sisusetha
Participating Endowment Plan designed for the benefit of children.
Samagi Thilina
Participating Endowment Plan designed for the benefit of children.
Samagi Pawardane
Participating endowment plan. The Basic sum assured of this Policy will be increased annually by 5 % during the premium paying term. At the maturity the increased sum assured together the bonuses will be paid. In the event of death of the Life assured during the Premium paying term the increased sum assured relevant to the year of death will be paid. If the Life Assured dies after the premium paying term a sum equal to the Basic Sum Assured will be paid.
Samagi Asiri four Chances
Participating advance payment plan. Specified part of sum assured will be paid periodically before maturity. (Details given under Schedule 23) In the event of death of the Life Assured during the term of the Policy the full sum assured together with the acquired bonus will be paid.
Sahanaya Loan Protection Policy
Decreasing Term Assurance Policy. In the event of death of the Life Assured during the policy term the decreased sum assured or the outstanding loan balance whichever is less will be paid to the Policy Holder. This policy included Total & Permanent Disability due to Accident or Sickness