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 Tele-Life
Tele Life insurance policy offered by SLT in partnership with Sri Lanka Insurance Corporation, provides life insurance at affordable premiums for SLT Customers. One of the major benefits of the service is the affordability of the premiums and convenience involved, in that premiums will be charged to the customer’s monthly telephone bill and can be paid along with the SLT telephone bill each month.
What Tele-Life insurance policy covers
• Cover in case of death of Rs. 100,000/- (This will be payable upon death by any cause - subject to policy conditions)
• Permanent disability cover of Rs. 100,000/-
Who is eligible for the service
• Currently, the service is available only for SLT Megaline Residential customers.
• Customers aged between 18 years and 69 years.
• Customers who are legal owners of an active SLT Telephone connection.
Payments
• Monthly Premium per month is Rs.60/- and will be charged to the monthly telephone
bill
• Cover will be initially for one year and shall be reviewed thereafter
• Policy holder will have to pay the premium every month to continue with the cover
How to subscribe
• Contact SLT Call Center on 011 2 555555 to join the Tele-life Insurance Scheme
• Date of enrolment is the date of payment of the first premium by the member
• Sri Lanka Insurance Corporation will generate a certificate confirming the enrolment
in the scheme and mail it to each customer within a month of receiving the first
premium.
Claims
• The customer shall be advised by Sri Lanka Insurance Corporation to directly liaise
with Sri Lanka Telecom PLC pertaining to any claims arising in respect of Group Life
Assurance cover. SLT shall deal or liaise with the customer with regard to any claims
made by the customer.
• All claims will be paid after consultation with SLT.
• If the cause of death of the customer is due to an illness, only the claims arising
after a lapse of sixty (60) days from the date of payment of the first premium shall
be considered for settlement.
• All claims must be submitted within 3 months of Death or Total and Permanent Disability due to an accident.
• No claim arising due to a pre-existing illness (i.e. due to an illness which was
contracted by the life assured, prior to enrolment) will not be paid.
• And according to the Terms and Conditions given in the Insurance ceritificate
Terms and conditions
• If any customer has not settled the payment for three (03) consecutive months, his
agreement will be terminated.
• Customer can terminate the agreement at any time by calling SLT Call Center on
011 2 555555 and making a request.
• Customer has to sign and submit a form of Declaration of Good Health to SLT
• When a customer's phone is disconnected then the insurance scheme will also be
terminated. If the customer requires to rejoin to the scheme, then he/she should
submit a completed form of Declaration of Good Health to SLT
• All of the above charges are exclusive of government taxes
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