Fortune Plus
Ceylinco Life Fortune Plus
Life Insured. Wealth Assured.
Ceylinco Life Fortune Plus presents a short-term premium payment, a medium-term life insurance benefit, and an investment plan for ambitious individuals who want financial protection and disciplined wealth accumulation — without long-term premium commitments.
With just 3 annual premium payments, and a policy term of 8 years, Fortune Plus is an intelligent solution for professionals, entrepreneurs, and individuals who value both protection and wealth accumulation.
What does Ceylinco Life Fortune Plus offer?
- Short-Term Premium, Medium-Term Coverage
Enjoy full policy benefit for 8 years by paying premiums only for the first 3 years.
- Comprehensive Life Protection plus Wealth Accumulation
Receive life insurance protection throughout the 8-year term, while your investment grows through our monthly-declared dividend rates.
- Attractive Maturity Benefit with Loyalty Reward
At the end of 8 years, receive an enhanced maturity benefit that includes a Loyalty Reward equal to 1.2x the annual premium for the Savings Component—a true reward for disciplined planning
- Flexible Payout Options
Choose your maturity benefit either as a lump sum or as monthly payouts based on your financial goals.
Product Features at a Glance
FEATURES | DETAILS |
|---|---|
Premium Paying Term | 3 years (Annual Premiums Only) |
Policy Term | 8 years |
Age at Entry | 18 to 65 years |
Cover Ceasing Age | Up to 73 years |
Life Cover | For the entire 8-year term |
Minimum Life Cover | 2,000,000 LKR or an amount equal to the Annual Contribution to the fund, whichever is higher |
Maximum Life Cover Limit | Unlimited |
Minimum Annual Basic Premium (Savings) for the Wealth Fund | 500,000 LKR |
Loyalty Reward | 1.2x the annual premium (savings) at policy maturity (if all premiums are paid and policy is in-force at maturity) |
Partial Withdrawals | 2 withdrawals (up to 10% each) - post 3rd year |
Top-up Facility | Option to enhance your wealth fund through top-ups during the policy term, in addition to annual premiums |
Maturity Payout Options | Lump sum or monthly payouts |
Illustration of Wealth Fund Accumulation:
- Policyholders’ Age – 40 years
- Premium Paying Term – 3 years
- Policy Term – 8 years
- Premium Paying Mode – Annually
Illustrated Maturity Benefit at the end of 8 years for different fund contributions, assuming there were no fund withdrawals during the policy term:
| Annual Contribution to the Wealth Fund (Rs.) | Minimum Life Cover to be Obtained | Total Annual Premium (Wealth Fund + Life Cover) | Total Investment for 3 Years | Illustrated Return at the End of 8 Years* | ||
| 6% | 8% | 10% | ||||
| 500,000 | 2,000,000 | 529,740 | 1,589,220 | 2,118,836 | 2,325,559 | 2,556,191 |
| 1,000,000 | 2,000,000 | 529,740 | 3,089,220 | 4,241,929 | 4,655,697 | 5,117,309 |
| 2,000,000 | 2,000,000 | 2,029,740 | 6,089,220 | 8,488,114 | 9,315,971 | 10,239,546 |
Notes:
- This is only an example of the maturity benefit, and the actual returns may vary as per the monthly-declared dividend rates of the company, the dates of premium payments, and any withdrawals made by the customer during the policy term.
- The above-illustrated rates of 6%, 8%, and 10% represent the earned rates before the deduction of the Fund Management Charge.
- The premium may differ according to the age and health of the insured.
Discover how Fortune Plus can work for your future fortune.
Call (011) 2 461 461 or speak to your trusted Ceylinco Life Advisor today.
