Under the terms of this unique policy, a one-off payment for tuition and exam fees will be paid from Janashakthi to Mercury Institute.
Mercury Institute of Management, established in 2001, is synonymous with quality tertiary tuition and unparalleled excellence. Mercury is a recognised tuition provider for ACCA, CIMA, CFA and the University of London Degrees.
“Education is one of the most important foundations for a child. At Janashakthi, we do a lot of work to develop Sri Lankan youth, helping them to realise their dreams. This new product aims to give every child the right to education, even if they find themselves unable to pay their fees due to tragic circumstances,” said Hashra Weerewardena, General Manager of Sales and Operations (Life), Janashakthi Insurance.
Mr. Jeevith Shakespeare, Managing Director of Mercury stated, “We aim to give the assurance to parents that once their child is enrolled at Mercury, we will do everything possible to ensure that they would be able to continue with their higher studies, despite any unforeseen eventualities. This is indeed a unique policy and we are grateful to Janashkthi Insurance for coming up with such an innovative concept.”
Janashakthi has consistently been a pioneer in terms of innovation and new Life product offerings, being the first to develop products such as the Janashakthi LifeSaver plan and the Life Unlimited plan which allows for lifetime hospitalisation up to a maximum of Rs. 32 million, the one and only company in the insurance industry to do so.