Softlogic Life Universal Savings Plus Plan

This Product can be used as a guarantee for a Loan and Loan outstanding can be recovered under this plan. This product targets customers who borrow personal loans (Short Term Loans) from financial institutions. At the time of death of the Life Assured during the term of the policy, the Sum Assured will be paid to nominees after deducting outstanding loan amount. This comes under the same Universal Life Platform, providing accumulated fund at the end of the policy term.

Minimum Policy Term is 5 Years and Maximum Term equals to 10 years.

Top up Premiums Allowed after 03 years (Max 2 Times per Year Minimum top up premium LKR 25,000)

In the event of death of the Life Assured, Nominee will receive sum assured or investment account value whichever is higher as a Death Benefit.

The Accumulated Fund Value will be paid to the policyholder as Maturity Value at the end of the policy term.

There’s an inbuilt waiver of premium benefit on Accident and Sickness at the time of Total and Permanent Disability.

Below mentioned optional rider covers are applicable to offer with this product;

  • Additional Life Benefit (01 time of the Basic Sum Assured is Compulsory)
  • Accidental Death Benefit, Permanent & Total Disability Benefit and Permanent and Partial Disability Benefit
  • Family Income Benefit on Death
  • Family Income Benefit on Death or on Permanent & Total Disability due to Accident/Sickness
  • Family Income Benefit on Permanent & Total Disability due to Accident/Sickness
  • Funeral Expense Benefit
  • Spouse Cover Benefit
  • Waiver of Premium Benefit on Permanent and Total Disability due to Accident/Sickness
  • Hospitalization Benefit
  • Critical Illness Super Benefit
  • Critical Illness Super Benefit on the Life of Spouse
  • Family Health Care Super Benefit + Overseas Treatment

WHO WE ARE

When it comes to taking creativity and innovation beyond borders, we are naturals at it. We strive to enhance the quality of life of all Sri Lankans, by providing world class solutions of Life Insurance.

Awards Customer Testimonials Milestones
  • SLIM Brand Excellence Awards 2018 'Silver Award – Service Brand of the Year.' Annual Report Awards 2018: Gold Award - Insurance Companies National Business Excellence Awards 2018: Winner - Insurance Sector Excellence in Life Insurance since 2001

ONLINE SERVICES

Life simplified for your convenience.
Pay your premium online and so much more!

CONTACT US

24 x 7 Care Centre number
General Info : info@softlogiclife.lk

283,R.A De Mel Mawatha,Colombo 3.