The cover comprises of a Critical Illness and a Life Cover which provides financial assistance following the diagnosis of a major illness or at an unfortunate loss of life, which ever occurs first.
How does the Coverage work?
The cover operates on a monthly basis with premium deductions from Mobitel subscribers on a daily or monthly basis depending on the connection obtained.
| Premiums and Cover | Pre-Paid Customers – Daily Deductions | Post Paid Customers – Monthly Deductions | Critical Illness / Death Cover |
|---|---|---|---|
| LKR | LKR 8/- per day (+ taxes) x 30 days | LKR 240/- per month (+ taxes) | LKR 800,000/- |
The above Critical Illness and Life Cover shall apply if full monthly premium is received, and will be prorated for a reduced cover limiting to the number of days paid, have the customer not paid in full.
| No of Days | Premium Charged (LKR) | Cover Entitlement (LKR) |
|---|---|---|
| 1 | 8 | 26,667 |
| 2 | 16 | 53,333 |
| 3 | 24 | 80,000 |
| 4 | 32 | 106,667 |
| 5 | 40 | 133,333 |
| 6 | 48 | 160,000 |
| 7 | 56 | 186,667 |
| 8 | 64 | 213,333 |
| 9 | 72 | 240,000 |
| 10 | 80 | 266,667 |
| 11 | 88 | 293,333 |
| 12 | 96 | 320,000 |
| 13 | 104 | 346,667 |
| 14 | 112 | 373,333 |
| 15 | 120 | 400,000 |
| 16 | 128 | 426,667 |
| 17 | 136 | 453,333 |
| 18 | 144 | 480,000 |
| 19 | 152 | 506,667 |
| 20 | 160 | 533,333 |
| 21 | 168 | 560,000 |
| 22 | 176 | 586,667 |
| 23 | 184 | 613,333 |
| 24 | 192 | 640,000 |
| 25 | 200 | 666,667 |
| 26 | 208 | 693,333 |
| 27 | 216 | 720,000 |
| 28 | 224 | 746,667 |
| 29 | 232 | 773,333 |
| 30 | 240 | 800,000 |
Cover Activation and Validity Period
After completing the payment of a full calendar month the Insurance cover will be made effective on the following month which is considered as the cover commencement month.
The cover will be valid only through one calendar month.
Any complete discontinuation of premium payments in any month for both pre and post-paid, shall lead to no cover being provided.
In the event the customer decides to re-enter to the insurance scheme by paying the monthly dues, it will be considered as a new enrolment with applicable waiting periods, based on the same terms and conditions as given in this document.
List of Critical Illnesses
- Heart Attack
- Coronary Artery By-Pass Surgery
- Aorta Surgery
- Heart Valve Replacement or Repair
- Cancer
- Kidney Failure
- Paralysis (Paraplegia, Tetraplegia)
- Pulmonary Hypertension
- Fulminant Hepatitis
- Major Organ Transplantation
- Multiple Sclerosis
- Blindness
- Deafness
- Loss of Speech
- Alzheimer's Disease
- Major Burns
- Coma
- Parkinson's Disease
- Brain Surgery
- Motor Neurone Disease
- HIV Infection from Blood Transfusion
- Chronic Lung Disease
- Stroke
- Muscular Dystrophy
- Angioplasty
Activation Mechanism
Type “REG” and SMS to 6363
Click here for Further Information and Policy Document in English.
Click here for Further Information and Policy Document in Sinhala.
Back to Solutions