Ceylinco Life has announced that going forward, it will reward winners of its popular ‘Family Savari’ promotion with cash prizes in a response to the mercurial economic situation in the country, ensuring that policyholders continue to receive the same value scorresponding to the prizes they win.Now in its 15th year, the Family Savari promotion has since the start of the COVID-19 pandemic been rewarding winners with gold instead of overseas holidays and local excursions. However, due to the foreign exchange issues in the country,the company said it hopes to provide the full value of the prizes through cash rewards. “In the current context, we believe that our Family Savari winners would appreciate receiving the full value of their prizes in cash,” Ceylinco Life’s General Manager, Marketing, Samitha Hemachandra, said. “Now, each first prize winner at the bi-monthly draws will receive Rs 1 million in cash, while another 75 winners will receive cash prizes totaling Rs 3 million,” he said.
In all, more than 1,000 policyholders will be rewarded when ‘Family Savari 15’ concludes in August 2022, with a prize bag worth over Rs 30 million. This includes supermarket shopping vouchers with a cumulative value of Rs 6 million as consolation prizes. To be eligible to win prizes at the six bi-monthly draws, all Ceylinco Life customers have to do is to continue their existing policies with the Company or maintain a minimum account balance in their retirement plans during the promotion period. Additional winning chances are given to customers who pay their premiums directly to the company and further chances are assigned corresponding to the time they have been Ceylinco Life customers.