Sri Lanka Insurance pays Rs. 34.2m claim

Sri Lanka Insurance (SLI) honoured claim settlements amounting to Rs. 34.2m under the Corporation's Business Club Insurance Cover recently.

Picture shows the Managing Director of Sri Lanka Insurance Mohan De Alwis, handing over the cheque to H.D. Kanthiratne, Proprietor of Davidson Tea Factory.

The beneficiaries were Davidson Tea Factory in Galle and Mathugama Sarasaviya Stores, who received claim settlements amounting to Rs. 31.5m and 2.7m respectively.

These claims were paid for a accidental fire at the premises.

Chairman, Sri Lanka Insurance Corporation Gamini Senarath said 'Sri Lanka Insurance Corporation, as the largest national insurance provider takes upon itself the responsibility of protecting the people of this nation, and goes beyond it's commercial objectives to safeguard the interests of its customers. It is our duty to take care and nurture the entrepreneurs of this country, who are fore-runners of the post war economic development of our nation.

As a government entity Sri Lanka Insurance Corporation will always standby to guide and support the SME sector.

Proprietor of Davidson Tea Factory H.D. Kanthiratne said that he has been a customer of Sri Lanka Insurance for over 30 years and has complete confidence in the Corporation. Vice President of the Ceylon Quality Tea Producers Association G.L.C. Gunathilake, said that he is happy at the claim paying ability and the service standards of Sri Lanka Insurance.

Sri Lanka Insurance follows accurate claim assessing procedures through its expert assessing panel to ensure that customers receive just and fair settlements.

Correct governance procedures, strong reinsurance arrangements and an asset base of over Rs. 71b endorses Sri Lanka Insurance as the strongest insurer in the country.