Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka state-owned reinsurer extends insurance cover for tourists up to Rs. 100 million
Sun, May 26, 2019, 08:45 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 26, Colombo: In response to requests from the travel and insurance industries following the Easter Sunday attacks on churches and high end hotels, Sri Lanka state-owned reinsurer, the National Insurance Trust Fund (NITF) has decided to extend the Personal Accident (PA) cover of the Strike, Riot, Civil Commotion and Terrorism Fund (SRCC & T Fund) to riot and terrorism risks for inbound tourists.

The SRCC and terrorism cover, which will be available up to Rs. 100 million per person under currently applicable premium rates, will provide cover in the event of death or total permanent disability as a consequence of a riot or terrorism act during their stay in Sri Lanka.

The National Insurance Trust Fund (NITF) Board Chairman Manjula de Silva said the cover can be obtained from any licensed general insurance company as an extension to any other travel, medical or PA policy that is purchased from the said insurance company.

The demand for SRCC & T insurance in the country has surged after the April 21 bombings that killed over 250 people, according to the NITF Chairman.

According to the Insurance sector representatives there has been a rapid increase in requests for 'add-ons' for SRCC & T insurance cover especially from the corporate sector.

SRCC and T Fund is managed by the state-owned National Insurance Trust Fund (NITF) in collaboration with the insurance industry. The premium will depend on the insured value and the period of stay subject to a minimum premium of Rs. 1,500.


ColomboPage - Recent 10 Stories ::
'Opposition's blessing for special PSC for National Religious Reconciliation is a victory for the future generation' - Speaker
-- [19 minutes ago]
Sri Lanka takes center stage at the Amsteluxe Luxury Travel Show in Amsterdam
-- [1 hour and 22 minutes ago]
Sri Lanka's first satellite 'Raavana 1' launched into orbit
-- [1 hour and 47 minutes ago]
STF arrests 51 with drugs at Facebook party in Balangoda
-- [8 hours ago]
Mihintale SLPP Local council member arrested for assaulting six people
-- [9 hours ago]
National program of establishing 5000 Export Zone Villages to begin today
-- [9 hours ago]
Sri Lanka urges to place nuclear terrorism high on global agenda at GICNT
-- [9 hours ago]
Sri Lanka EDB organizes Technical exposure and capacity building program for food & beverage entrepreneurs in Thailand
Sri Lanka sees manufacturing activities recover in May 2019, services sector continues to deteriorate
No plans to halt Battle of Solar Power project - Ministry

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.