Ceylinco Life premium payments now accepted at Cargills Food City outlets

Friday, 18 January 2019 00:00 - - {{hitsCtrl.values.hits}}

Ceylinco Life Chairman R. Renganathan (3rd from left) and Cargills Bank Managing Director/CEO Rajendra Theagarajah exchange the agreement in the presence of (from left): Ceylinco Life Chief Digital Officer Upamalika Ratnayake and Managing Director Thushara Ranasinghe, Cargills Bank AGM – Operations K. Balachandrarajan, Head of Retail Buddhika Perera and Manager Alternate Channels Kalani Edirisooriya

Ceylinco Life policyholders can now make their premium payments at over 350 Cargills Food City outlets island-wide, consequent to an agreement between the life insurance leader and Cargills Bank.

The initiative is driven by ‘Cargills Cash’ service provided by Cargills Bank and the facility will be available 365 days of the year, from 8 a.m. to 10 p.m. for cash payments of Ceylinco Life Insurance premiums, the company said.

Policyholders simply have to fill out Cargills Bank deposit slips available at the outlets in favour of Ceylinco Life Insurance Ltd., with their policy numbers and hand over the premium payments to the Cashiers. The process is convenient, and the facility increases accessibility to payment points in most parts of the country.

Notably, a milestone agreement signed between Ceylinco Life and Sri Lanka Post two years ago also enabled policyholders pay their premiums at over 600 post offices and over 3,400 sub post offices in the country.

Ceylinco Life policyholders have several other options too for the payment of their premiums. Besides visiting a branch or making the payment via mobile Point-of-Sale (mPOS) devices carried by the company’s sales personnel, they may pay their premiums online, by bank or credit card standing order, or via the ‘eZ Cash’ mobile payment platform of Dialog or the ‘Mcash’ service of the Mobitel network.

Adjudged Sri Lanka’s Best Life Insurer in 2018 for the fifth consecutive year by World Finance, Ceylinco Life has been the market leader in Sri Lanka’s life insurance industry for 14 of the 30 years it has been in operation.

The Company has close to a million lives covered by active policies and is acknowledged as a benchmark in the local insurance industry for innovation, product research and development, customer service, professional development and corporate social responsibility.