Janashakthi Life revolutionizes the life insurance market with a pioneering savings solution
A pioneering life insurer, Janashakthi Life, announced the launch of ‘Dream Saver’ the newest addition to their insurance portfolio with a novel savings solution offering high-yield savings.
This innovative savings solution offers customers the opportunity to invest strategically in medium or long-term investments with high returns. Dream Saver is a single premium annuity product that provides an attractive above-the-market dividend rate with an annual guaranteed rate & an in-built life and accidental death cover. With a minimum investment value of Rs. 1 million, this investment opportunity is ideal for individuals with fixed deposits as well as EPF and ETF funds as the customers have the flexibility of customizing the dividend receiving frequency as per their needs.
“We are excited to introduce this pioneering savings solution for our customers as this will enable them to take charge of their everyday financial lives with an opportunity to invest in high yield investments,” said Ravi Liyanage, Director/CEO of Janashakthi Insurance PLC.
“Responding to the immediate needs of the customer is not enough in today’s rapidly changing environment. This innovative savings solution is specially designed to give our customers medium to long-term benefits for financial stability. This is also a testament to our stabilized service offering in the industry to support our community during these financially challenging times as we continue to leverage our expertise and innovative energy to empower Sri Lankans to secure their future by providing protection against financial pitfalls.”
Staying true to its corporate purpose of uplifting lives and empowering dreams, Janashakthi Life has always strived to deliver greater value to all its stakeholders ethically and transparently. On the customer front, the insurer brings this to life through its groundbreaking insurance solutions and services that cater to their evolving needs at every stage of their lives. Extending this purpose to its engagement with its employees, Janashakthi Life has always sought to offer team members a highly supportive work environment that empowers them to grow and realize their dreams and aspirations.
Janashakthi Life was also recently recognised globally as the ‘Best Life Insurer Sri Lanka 2022’ by the internationally acclaimed Capital Finance International (CFI.co) headquartered in London, this prestigious recognition identifies organisations that contribute significantly to the growth of economies and truly add value for all stakeholders. Recording an impressive brand value growth in 2022, the brand was also listed as one of the ‘TOP 10 Fastest Growing Sri Lankan Brands’ and is the only insurance brand to be listed among the TOP 10 honour roll.
The leading insurer also bagged the award for the ‘Best Strategies for Insurance Spreading’ for the year 2021 at the 3rd ICC Emerging Asia Insurance Awards 2021, in recognition of its contribution to transforming insurance industries of the region with industry-best solutions. Furthermore, Janashakthi Life was recognised globally as the ‘Domestic Insurer of the Year’ and Janashakthi Life Mobile App has been named the ‘Mobile App of the Year’ by the Insurance Asia Awards 2022. This credential is widely regarded as one of the most prestigious recognitions in the Insurance Industry and includes a rigorous screening and selection process.
Over a span of 28 years, Janashakthi Life PLC has continued to revolutionize the insurance industry and journeyed forward to become a force to be reckoned with. Its island-wide network of 75+ branches enable people from all walks of life to access its unique insurance solutions.
Director/CEO of Janashakthi Life, Ravi Liyanage and Head of Marketing, Jude Silva addressing the audience during the launch ceremony.
About Janashakthi Insurance PLC
Founded in 1994 as a Life Insurance company, Janashakthi Insurance PLC made its mark in the industry as an innovator and household name over a span of over 28 years. Janashakthi Life has a strong presence across the island, with an expanding Life Insurance network of over 75 branches and a dedicated call centre. In line with its purpose of uplifting lives and empowering dreams, Janashakthi Life remains committed to becoming a leader in the Life Insurance industry by delivering a service beyond Insurance to its customers and stakeholders. Janashakthi Insurance PLC is a member of the Janashakthi Group that operates in the Insurance, Finance, and Investment sectors.
The Board of Directors of Janashakthi Insurance PLC comprises of Prakash Schaffter, Ravi Liyanage, Nathan Sivagananathan, Avindra Rodrigo, Mahela Jayawardena, Warini De Costa, Annika Senanayake, Sivakrishnarajah Renganathan and Dr. Nishan de Mel.