Nadika Opatha

Functions as a College/University

Provides insurance products in the interest of the public

Lolc Life Assurance Co. Ltd. is a life insurance provider offering a portfolio of individual, corporate, and shariah-compliant takaful insurance solutions. The private company is based in Rajagiriya, Sri Lanka. Its products cover various life stages and needs, including protection, investment plans, child protection, critical illness coverage, health insurance with worldwide coverage, pension and retirement plans, mortgage protection, and corporate group insurance. The Sri Lankan company provides flexible coverage options, multiple premium payment methods, and benefits such as death, accidental death, disability, critical illness, hospitalization, funeral expenses, and educational support. Takaful offerings adhere to Islamic principles and are monitored by a shariah supervisory board. Lolc Life Assurance operates a network of over 80 branches nationwide and supports digital transformation, sustainability, and corporate social responsibility. Customer services include a straightforward claims process, dedicated support channels, and engagement through newsletters and online platforms. Policyholders have access to a loyalty program with discounts and reward points.