Numerous markets have recognized the best companies in their respective areas and for this case, it is about insurance corporation. Majority of the insurance providers set benchmarks which is then followed by other companies and the rest of the institutions have improved drastically over the past couple of years. Here you can see the top 10 ranked insurance providers in Sri Lanka. We are happy to say that we are in partnership with one of them and will be happy to be your advisor. There is a school of thought which suggest that there nothing as “the best”. Mainly because each insurance company has their own forte which is their strength.
Insurance schemes are of various types. But a simple rule is that the lesser you pay the greater your own deductible is. Hence, greater premiums are linked to small deductibles. It is advisable for individuals with pre-existent disease conditions to incur a greater monthly expense so that a nominal fee would have to be incurred from your own wallet for health services. Individuals with good health, tend to prefer a greater deductible with the main intention that they would not need to pay the deductible but would be under the coverage is something significant occurs. If you require frequent medication, it is wise to choose a plan with a comprehensive prescription plan. If you are planning to insure the family, you should be on the lookout for family deductibles and maximums. A comprehensive coverage option would be required to meet the minimal health care insurance which is required to avoid incurring a fine.
List of top Insurance Companies in Sri Lanka
- AIA Company
- AIG Company
- Allianz General Insurance Company
- Allianz Life Insurance Company
- Amana Insurance
- Amana Life Insurance
- Arpico Company
- Softlogic Life Company
- Fairfirst Company
- Ceylinco General Company