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CORPORATE SOCIAL RESPONSIBILITY

The CSR activities carried out by Ceylinco Insurance Co. Ltd. are at best judged by the tangible benefits delivered to communities over the years. Our approach to CSR ensures that all projects make a statement for non-discrimination. Our projects, especially in tsunami-ravaged areas, have benefited victims across the social divide, without heeding geographic or racial boundaries and disregarding religious and caste divisions. Perhaps it is fitting testimony to the wide-ranging effectiveness of our CSR activities that we received international recognition in September 2005.

Recent Activities

Assistance For Mentally And Physically Handicapped Brothers

Ceylinco Insurance - General has committed to provide living assistance, on a monthly basis, to a family in Habarana, where both sons are mentally and physically handicapped.

Blood Donation Camps

Over 160 staff members and customers of Ceylinco Insurance General donated blood at a Blood Donation Camp held in March 2005 at the Head Office premises. Held for the third consecutive year, the Camp was organised by the Welfare Association of the Company. Meanwhile, the Kiribathgoda Branch of Ceylinco Insurance General, also conducted a Blood Donation Camp in October 2004, for the seventh successive year, where over 120 people donated blood.

Ceylinco Insurance

General demonstrates its commitment to the wellbeing of the Nation with Tsunami relief Ceylinco Insurance stood up to its bold statement Big or Small Ceylinco Protects Them All, when the Company responded to the call of the nation in assisting the rebuilding of the lives of those affected by the Tsunami. Ceylinco Insurance was the first insurance company to give an assurance that it would pay all claims, whether liable or otherwise, considering the humane side of the tragedy. In keeping with its promise, Ceylinco Insurance General, honoured all claims, whilst a significant amount of them were from customers who were not entitled for compensation under their insurance covers. The Company was able to pay out these claims on an ex-gratia basis, out of its own profits due to the strength and stability of the Company.

Donation Of House

Ceylinco Insurance General donated a house to a poor family of four in Pallewela, where both the father and the mother were blind. Their existing house was on the verge of collapse and they were in no position to rebuild.

Donations To The Activities Of Sarana Fund

During the year 2005, Ceylinco Insurance contributed handsomely to the Sarana Fund, which provides a yeoman service to the needy, by way of medical assistance, financial assistance for treatment of critical illnesses, providing spectacles, shelter etc. The employees of the Company also unhesitatingly contributed their fair share to this worthy cause.

Doo Daruwo Parents Fund

The Doo Daruwo Parents fund, which was established ten years ago, continued to assist senior citizens with medical assistance, spectacles, living aides etc. Over 80 such deserving elders benefited through the activities of the fund, which is managed by both the Life & General Divisions of Ceylinco Insurance, where a contribution from every policy sold by the two divisions, strengthens it.

Ensuring Students Continued Education

Aloka grants are paid from an educational fund set up by Ceylinco Life to support the education of selected children of deceased policyholders, for up to three years after the policyholders death. Ceylinco Aloka grants come at no extra cost to the policyholder and pay up to Rs.54,000 in 36 equal monthly instalments, upon the death of an active policyholder. Since the funds launch in August 2003, 65 such grants have been paid and represent a commitment of Rs.3.36 million.

Medical Camps

With an annual commitment of Rs.3 million and with a team of doctors hired by the company, a series of free medical camps, called Vaidya Hamuwa, were conducted at more than 25 locations throughout the country. has already provided free diagnosis and treatment to over 5,000 people in extremely remote areas.

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