Getting insurance is not only a way of transferring risks but also a solution for debts. Mrs. Nheb Nary is a client of Serendib Insurance Company who has bought insurance. She used to have a prosperous family with her husband, who was a farmer who grew vegetables as their daily income for the family. Sadly, her husband passed away while the family was still in debt.
She was devastated by the loss, but she had some relief from the insurance she bought from Serendib Microinsurance Plc. Mrs. Nheb Nary learned about Serendib Microinsurance from LOLC Cambodia, a leading microfinance institution in Cambodia. She was interested in Serendib is insurance products and the protection they offered, so she decided to buy one. This turned out to be a wise decision, as the insurance helped her cope with the unexpected crisis in her life.
"Serendib Insurance helped my family by paying off the debt I owed with the insurance policy I had bought before", she said. She also used the remaining money to start a new business for her family. She expressed her gratitude to Serendib Insurance Company for its valuable role in reducing the risk, resolving the debts of her family, and giving her a chance to start a new journey.
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Serendib Micro Insurance Plc. Commenced operations in 2020 and is a fully owned subsidiary of LOLC Group, one of Sri Lanka’s leading business conglomerates.