Sri Lanka Insurance partners Cargills Cash to facilitate insurance premium payments

In a series of initiatives launched by Sri Lanka Insurance Corporation to provide the utmost convenience to customers, the insurance provider has partnered Cargills Cash for an easy service experience. 

SLIC customers can now enjoy the convenience of paying insurance premiums through an extensive network of almost 400 Cargills Food City outlets across the country. 

Payment can be done by simply filling a deposit slip mentioning the SLIC insurance policy number and handing it over to the cashier at any Cargills Food City Outlet Island-wide. Outlets are opened 365 days a year from 8.00.a.m. to 10.00 p.m.

SLIC CEO Chandana L. Aluthgama explained: “With the rapidly changing convenience focused-lifestyles of Sri Lankans, SLIC is striving to uphold service experience at its finest levels and is now geared to provide the utmost convenience for customers. The convenience-driven trend is reiterated by the fact that our policyholders visit supermarkets more frequently and try to fulfill all their needs under one roof. This trend inspired us to provide them with more access points to fulfill their insurance needs and as a result we have provided them with the convenience of paying premiums at the nearest Cargills supermarket outlet. “

Cargills Bank Managing Director/CEO Rajendra Theagarajah said: “We are delighted to partner Sri Lanka Insurance to provide country-wide access to insurance premium payment points via Cargills Food City supermarkets. Through Cargills Cash agency banking, Cargills Bank continues to expand banking services to all Sri Lankans, providing unparalleled convenience. We invite SLIC policyholders to enjoy the benefits of our expanded payment points and extended hours of operation.” 

Cargills Cash is a unique differentiator, providing Cargills Bank customers with unparalleled convenience. Cargills Cash has revolutionised banking, allowing customers to deposit, withdraw and send cash through almost 400 Cargills Food City outlets island-wide from 8.00.a.m. to 10.00 p.m, 365 days of the year, while being able to complete their grocery shopping at the same time. 

Established in 1962, the Sri Lanka Insurance Corporation is the largest government-owned insurance company in Sri Lanka, with a managed asset base of over Rs. 197 billion and a life fund of over Rs. 105 billion, the largest in the local insurance industry. 

The company is also the first and only local insurer to secure a Fitch Ratings AAA (lka) rating for its long-term financial stability and sustainability. Sri Lanka Insurance was also ranked as the ‘Most Loved Insurance Brand’ and the third Most Loved Consumer Brand in the country by Brand Finance. The company is on a mission to be a customer-focused company which constantly innovates in providing insurance services to customers and now serves customers through an extensive network of 157 branches.