Life insurance is meant to mitigate the stress and burden of an already difficult time. Benefits are usually paid in a lump sum payment to help provide a financial safety net. In the form of a cash value component, financial burdens can be eased with added benefits through a life insurance.

The industry has struggled with growth and profitability, but several trends display a promise for the life insurance industry in the future. In a dynamic competitor insurance landscape, embracing product innovation will position a positive trajectory.

Solid solvency metrics were topics that revolved around the conversation with

Mr. Lakshika Keragala,

DGM Digital Transformation & Alternative Channel,

Ceylinco Life Insurance Ltd.