SRI LANKA

  • 27/02/1995

  • Down To Earth

An unique insurance policy linked to growing teak trees has been launched by Ceylinco Insurance, a Sri Lankan insurance company. A policyholder of Ruk Rekawaranaya (protection of trees) reaps several benefits: as a leaseholder of a plot with 25 teak trees; and as a profitsharer when the policy matures. Besides, full life insurance payments are assured.