News Life and Health07 Oct 2026

Sri Lanka:Parents of children born on world children's day covered under new free life insurance scheme

| 07 Oct 2026

Parents of every child born on 1 October 2026 across Sri Lanka will get a free life insurance cover for SLR1m ($3,034) from Sri Lanka Insurance Life (SLIC).

The life insurer has offered SLR1m free life cover to parents of children born on World Children’s Day 2026 which was on the 1 October 2026. The scheme now in its fifth consecutive year, covers hospitals across the country. Apart from providing financial protection, the scheme highlights the importance of financial planning from the very beginning of a child’s life.

Launched in 2022 as part of SLIC Life’s Corporate Social Responsibility (CSR) programme, the World Children’s Day initiative was introduced with the aim of supporting parents and strengthening financial security for families at an important stage in their lives.

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