As the Insurance Regulatory Commission of Sri Lanka (IRCSL) continues campaigning in the Northern Provinces, the Chairman, Dr W.A.R. De Mel, has emphasised the role of insurance as a key financial tool for managing risk and ensuring protection and stability.
Dr De Mel highlighted the benefits of life insurance in securing loved ones, income replacement and retirement planning, as well as the importance of general insurance in safeguarding against accidents, natural disasters, vehicle damage and promoting quality healthcare.
He also stressed that premiums can be tailored to suit different financial capacities, making coverage accessible and affordable for all.
The IRCSL stated in a press release that through these programmes, it continues to focus on increasing public trust and confidence in insurance by promoting education, transparency and innovation.