Union Assurance announces unmatched 12% Universal Life Dividend Rate for 2024

Union Assurance, Sri Lanka’s leading Life Insurer, is proud to announce a 12% Universal Life Dividend Rate for the financial year 2024. This rate exceeds the Minimum Guaranteed Dividend Rate of 10% for the year, underscoring the Company’s steadfast commitment to delivering exceptional value to its customers. Union Assurance’s consistent ability to exceed expectations and offer industry-leading dividend rates highlights its strong financial performance, reinforces its position as a trusted industry leader and sets the stage for continued growth and stability in the year ahead.

Union Assurance’s Chief Executive Officer, Senath Jayatilake, stated, “At Union Assurance, we are committed to creating lasting value across all aspects of our business to support the unique journeys of progress of our customers. The 12% Universal Life Dividend Rate for the financial year 2024 is just one example of how we consistently exceeded expectations, offering value not only through superior dividends but also through our customer-centric approach, robust financial strategies and long-term vision. We believe that value creation is a holistic process and our efforts span every touchpoint, ensuring that our customers benefit from the strength, stability and integrity that define Union Assurance. We also express our gratitude to our customers and shareholders for their continued trust and confidence in our Company”.