Union Assurance (UA) has reaffirmed its commitment towards protecting the wellbeing of its customers and their families by offering a free COVID 19 Life cover to both existing and new policyholders during this critical time period. This free cover will be equal to the value of the existing or new life cover up to a maximum of Rs. 1 million per policyholder and renewed on a monthly basis.
Union Assurance was one of the first Life Insurance companies to offer Hospital Cash Benefits for quarantine treatments at the start of the COVID 19 outbreak in Sri Lanka. UA will continue to offer best in class protection coverages to its policyholders and ensure that their families are financially empowered to face the challenges and uncertainties under the new normalcy of society
Senath Jayatilake – General Manager – Distribution, stated;
“The COVID19 pandemic is a global health, economic and social crisis and has affected people from all walks of life. UA decided to offer this timely protection cover free of charge to provide our policyholders the added peace of mind that the future of their families will be secured during these uncertain times. The specialty of this cover is that it is not just limited to our existing policyholders but is also offered to new customers and thereby giving whole of Sri Lanka access to secure the future of their families”