MARBAY INSURANCE
AND LEASING

OUR PRODUCT PORTFOLIO

MOTOR INSURANCE

LIFE INSURANCE

FIRE INSURANCE

TRAVEL INSURANCE

MARRAGE INSURANCE


OVERVIEW

WHO ARE WE?

loding the insuram Our parent company, Softlogic is one of Sri Lanko’s most dynamic and conglomerates, and we believe that our partnership is a perfect strategic motch in creating to revolutionize the Life Insurance Industry in Sri Lanka. This Softiogle Groups foray into secto Thethcare Reto Financial Services Automobiles, and alura further enhances our bre positioning and ability to truly deliver our brand promise of enabling people to LIVE UFE TOO ates becoming the preferred ute Insurance provider to Sin Lankans across the island.

WHAT DO WE DO?

We are in the business of protecting people. We are naturats at creativity and disruptive in that strive to elevate the standards of the quality of life for Sri Lankon both young and old. pontolio of products brings to you a plethora of world class life Insurance products that give you the freedom and the opportunity to live life to the fullest

VALUES

CARE

Caring for you every step of the way as a partner for life

AUTHENTICITY

Never leaving space to compromise on our authenticity

COURAGE

Being courageous to challenge the status quo to give customers the best solution

INNOVATIONS

Nurturing the spirit of innovation to upgrade customer lifestyles

SIMPLICITY

We bring together world-class solutions to simplify the customer's life

OVERVIEW

WHO ARE WE?

loding the insuram Our parent company, Softlogic is one of Sri Lanko’s most dynamic and conglomerates, and we believe that our partnership is a perfect strategic motch in creating to revolutionize the Life Insurance Industry in Sri Lanka. This Softiogle Groups foray into secto Thethcare Reto Financial Services Automobiles, and alura further enhances our bre positioning and ability to truly deliver our brand promise of enabling people to LIVE UFE TOO ates becoming the preferred ute Insurance provider to Sin Lankans across the island.

WHAT DO WE DO?

We are in the business of protecting people. We are naturats at creativity and disruptive in that strive to elevate the standards of the quality of life for Sri Lankon both young and old. pontolio of products brings to you a plethora of world class life Insurance products that give you the freedom and the opportunity to live life to the fullest

VALUES

CARE

Caring for you every step of the way as a partner for life

AUTHENTICITY

Never leaving space to compromise on our authenticity

COURAGE

Being courageous to challenge the status quo to give customers the best solution

INNOVATIONS

Nurturing the spirit of innovation to upgrade customer lifestyles

SIMPLICITY

We bring together world-class solutions to simplify the customer's life


MOTOR INSURANCE

LOLC Motor Insurance’s new lifestyle loyalty program ‘Honors’ is crafted with seamless and delightful experiences that provide consumers with real value. Loyal customers will be grouped into four (04) tiered multi-level memberships such as Bronze, Silver, Gold and Platinum and continuously rewarded with benefits every day.

The rewards scheme is applicable for all our Motor Policyholders who will receive valuable discounts and benefits through over 100 merchant networks with a reach of over 1,000 locations. We believe this will offset the cost of customer insurance premium and more.

Loyalty points may be accumulated through the partner merchant network and can be redeemed towards a customer’s own policy renewal, or at merchant partners or contribute to a social cause.

We also believe that insurance should be a product which is easy to comprehend to the end customer, aspires to increase the user-friendliness of its products for its customers throughout the policy life cycle and launches its journey towards an ergonomic policy design platform know as ‘Build Your Own’ (BYO). BYO offers a unique intuitive quotation design, for easy customer reference across different motor insurance products and concepts including tailor-made insurance solutions to fit each customer’s wallet.

Additional features of the platform includes product comparison, the widest range of add-on covers and a free LOLC Credit Card with easy payment plans, (subject to eligibility).

Key Features of LOLC Motor Insurance

● Free “Air Bag Cover”.
● Highest “No Claim Bonus”.
● 24-Hour Customer Care Hotline service.
● Onsite Inspection-Island wide network of garages & assessor Panels.
● Options of selecting a garage of your choice to carry out repairs.
● Direct settlement of claims to garages.
● Priority inspections and repairs at LOLC Motors Ltd.
● Free towing facility within the greater colombo area
● Slip transfer facility for speedy claim settlement

Exclusively in respect of “Private Cars” and “Private Dual Purpose” Vehicles

● Towing chargers up to a maximum limit of Rs.30,000/- Subject to an additional premium.
● Daily Allowance of Rs.3,000.00 for Alternative Transportation – except the first two days (based on labor hours) and up to a maximum of 10 days – Subject to an additional premium.
● Critical illness cover up to Rs. 1,000,000/- covering 29 critical illnesses (subject to an additional premium for vehicle owners age less than 55 years)

TYPE OF PLANS | LIFE ASSURANCE

Life & Investment

LIFE PROJECT

Life Assurance Life Protect is a flexible insurance policy that offers you the security of guaranteed protection, with the added benefit of periodic returns to the fund. In addition, this plan is designed to provide you and your entire family with a wide range of comprehensive protection covers to secure your family in the event of the unforeseen. It offers you the flexibility of choosing an ideal combination of savings and protection.

Key Features of Life Assurance Life Protect

● A guaranteed sum assured on death.
● Flexibility term options- between 10 and 40 years.
● Convenient premium Options-Monthly, Quarterly, Half-Yearly, Annually or single premium.
● Additional enhancement that helps you customize your policy to suit your unique needs.
● Dividends credited to the fund at the end of every year, which will increase the maturity value of your fund.
● This policy allows you to enjoy the protection of a wide range of additional covers which

includes an additional death cover for you and your spouse and medical covers for your spouse and children.

LIFE PROJECT PLUS

Life Assurance Life Protect Plus is an advanced insurance policy that offers you the security of guaranteed protection, with the added benefit of periodical returns to the fund. The main feature of LOLC Life Assurance Life Protect Plus Plan is that the basic sum assured increases by 10% every year, without any increase of premium.

Key Features of Life Assurance Life Protect Plus

● Your basic sum assured increases by 10% every year, without any increase of premium.
● Flexible term options between 10 and 40 years.
● Convenient premium options- Monthly, Quarterly, Half Yearly or Annually.
● The policy allows you the flexibility to enjoy a range of additional covers.
● Dividend credited to the fund at the end of every year.

FUN BUILDER

A Life Insurance policy based on Dividend, where you deposit an agreed installment for a fixed
term and reap a higher return on your investment.

Key Features of Life Assurance Fund Builder     

 

Child Protection

CHILD PLAN

Life Assurance Child Plan is a unique policy designed to provide security for your child’s future, by taking care of their impending educational and financial needs. The policy offers the added benefit of the company maintaining the policy in the event of your demise or total and permanent disability to ensure the financial security you plan for your child, remains.

Key Features of Life Assurance Child Plan

● Sum assured will be paid to the beneficiary in the event of your demise.
● In the event of your demise, the optional Educational Support benefit allows the provision of a monthly income support for your child’s education until the policy matures.
● In the event of total and permanent disability or your demise, the company will maintain the policy until its maturity and provide the funds for your child’s needs. In addition, if total and permanent disability occurs, you will also receive a payment equivalent to the basic sum assured of the policy.
● The choice to build an additional fund for your child.
● Convenient premium payment Options-Monthly, Quarterly, Half Yearly or Annually
● Additional benefits that help you customize the policy to suit your unique needs

SUREKI DARU

Your children grow up so fast, and so do your dreams and aspirations for them. A sound education becomes a stepping stone to your children’s success in fulfilling their dreams. LOLC Life Assurance ‘Sureki Daru”, a dividend based plan, is designed to help you build a secure fund that takes care of your child’s educational and financial needs.

Key Features of Life Assurance Suraki Daru

● The option of withdrawing funds at once or over a period of annual offers, once the policy matures.
● In the event the parents or guardian passes away before the policy reaches its maturity, the child will receive benefits and the provision of monthly income to support his/ her education until the policy matures.
● The options of choosing from 5%, 10 % and 15% to build a customized plan as per your requirements with the protection of an inflation guard.
● Ability to top-up the premium.
● The flexibility to enjoy a wide range of additional covers.

Bulk SMS

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

Viber WhatsApp Marketing

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

Bulk Voice Calling

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

Bulk SMS

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

Viber WhatsApp Marketing

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

Bulk Voice Calling

Show your customers you know more than just their name. When you personalize messages, keep in mind who you are sending them to and what they would find interesting or enticing. If the goal is to encourage them to complete a sale with promotional SMS, make sure you are offering them deals or promoting products that are in line with their past search or purchase history.

WHAT OUR PEOPLE SAY

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her

Shams W.Pawel Founder & CEO of XpeedStudio

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her

Shams W.Pawel Founder & CEO of XpeedStudio

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her

Shams W.Pawel Founder & CEO of XpeedStudio

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her

Shams W.Pawel Founder & CEO of XpeedStudio
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