AIA Insurance signs MoU with ComBank and IFC to provide financial security for Lankan women – Other

AIA Insurance’s women’s program, “Aya Surakina AIA”, marks a new milestone in collaboration with the Commercial Bank of Ceylon (CBC) and the International Finance Corporation (IFC) under its IFC-DFAT Women in Work aimed at empowering Sri Lankan women across the island by improving their financial stability with life insurance protection.

This initiative with CBC offers a range of affordable life insurance and wellness solutions for female CBC “Anagi” account holders and their loved ones with the aim of empowering women and improving their stability long-term financial support, which will contribute significantly to the Sri Lankan economy. long-term.

Under the terms of the MoU, AIA Insurance will offer bespoke life insurance solutions worth Rs. 1 million to 5 million from as low as Rs. 1,100 per annum for all female clients “Anagi” and their spouses.
The life insurance plan covers both natural and accidental death of the insured. Additionally, all customers who purchase AIA’s life insurance solution will be entitled to 12 free online fitness classes each month through the Fitzky app from the safety and comfort of their home and will also be able to benefit from a 15% discount on dental consultations at any time. My dentist’s clinic island wide.

“AIA is proud to partner with Commercial Bank of Ceylon, one of Sri Lanka’s leading private banks, to jointly increase the financial security and protection of their female customers. The partnership with Commercial Bank illustrates how two strong organizations can work together to make a huge difference in society.

We are also grateful to IFC for its support and partnership in developing AIA’s gender inclusion strategy for its employees, distribution and customers,” said Nikhil Advani, CEO of AIA.

Reflecting similar sentiments, Commercial Bank Group Managing Director/Managing Director S. Renganathan said that women are one of the key focus groups and the bank is extremely happy to add this unique benefit to the portfolio of Anagi Women’s Banking.

“I believe this collaboration between the bank, IFC and AIA will provide a secure financial future for women, who are the backbone of our country’s economic growth,” he said.