Union Single Premium Advantage
Union Single Premium Advantage combines strong growth potential and dependable death cover, giving you confidence over your financial future.
Where Smart Investing Meets
Dependable Protection
Union Single Premium Advantage is crafted for those who value simplicity, security and growth. With just one premium payment, you unlock a flexible investment plan that works seamlessly for you. Enjoy steady growth on your investment along with a death cover of 105% of your initial premium – backed by the trust and strength of Union Assurance, the longest standing private Life Insurer in Sri Lanka.
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Provide us with your details and we’ll connect you with our Life Insurance Adviser.
Why Choose Union Single Premium Advantage?
Union Single Premium Advantage is more than an investment. It’s a smart way to grow your wealth while protecting what matters most.
Discover the features that make it the ideal plan for securing your future and protecting your loved ones.
Discover the features that make it the ideal plan for securing your future and protecting your loved ones.
One Time Investment
Make a single payment and enjoy the convenience of a hassle-free investment plan; simple, straightforward and easy to manage.
Death Cover Included
Your plan comes with life protection worth 105% of your initial premium, giving the added security to your loved ones in your absence.
Invest on Your Terms
Choose an investment term that suits your financial goals. Select any duration between 5 and 30 years for added control over your financial future.
Growth You Can Count On
Grow your investment steadily with competitive annual dividends throughout the policy term, enhancing your returns over time.
Track Your Dividend Growth
The Single Premium Advantage Plan offers competitive dividend percentages based on our life fund performance, updated annually as of September 22, 2025. Monitor your progress below.
As the above table indicates, an Interim Rate of Dividend declared at the beginning of the year which is guaranteed for that year will be credited monthly to the Individual Fund during the year. The actual rate of dividend to be credited will be decided at the end of each year and would depend upon actual Investment performance of the universal life fund during the year but in any case, will not be less than the Interim Rate for that year.
For further details please contact us directly on 0112 990 990.
Note: Please refer policy conditions for further clarifications.
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