In 2026, Sri Lanka Insurance Life (SLICLL), a prominent state-owned enterprise committed to fostering the development of future generations, has allocated a total of Rs. 25.3 million for its scholarship program. Known for its profitability and corporate social responsibility, SLICLL has consistently enriched the communities in which it operates.
Since its establishment in 2014, the ‘Sri Lanka Insurance Life – Suba Pathum Scholarship’ initiative has celebrated and rewarded the academic achievements of children of its life policyholders across the nation. To date, the program has granted over 2,425 scholarships, totaling more than Rs. 265 million. For this year, the initiative will provide scholarships to 227 exemplary students who excelled in the 2024 Grade 5 Scholarship Examination, G.C.E. Ordinary Level Examination, and G.C.E. Advanced Level Examination. Among the recipients, there are 77 students from Grade 5, 70 from the G.C.E. Ordinary Level, and 74 from the G.C.E. Advanced Level categories. Additionally, six students who achieved national rankings in the 2024 G.C.E. Advanced Level Examination will receive special recognition this year. Selection for Grade 5 and G.C.E. Ordinary Level scholarships was based on district performance, while G.C.E. Advanced Level recipients were honored for their national accomplishments.
The scholarship recipients will receive financial awards of Rs. 20,000 for five years for Grade 5 Scholarship winners, Rs. 40,000 for two years for G.C.E. Ordinary Level scholars, and Rs. 50,000 for three years for G.C.E. Advanced Level achievers. This year, SLIC Life has also broadened the scope of the program to include a one-time scholarship of Rs. 150,000 for top national performers in the 2024 G.C.E. Advanced Level Examination.
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The scholarship awarding ceremony took place on July 17, 2026, at Temple Trees in Colombo, attended by the Chairman, Board of Directors, Chief Officers, senior management, students, and their families.
In alignment with its brand promise, ‘Like a Father, Like a Mother,’ SLICLL emphasizes a compassionate, community-centered approach that extends beyond its customers. The company actively engages in various Corporate Social Responsibility (CSR) initiatives that support education, community development, and the preservation of cultural heritage. To celebrate World Children’s Day, SLICLL offers a free life insurance coverage of Rs. 1 million to parents of every child born on October 1st in hospitals across the country, marking its fourth year of this initiative. The ‘Pasal Piriyatha’ project has enhanced the infrastructure of 3,365 underprivileged schools, creating improved learning environments for marginalized children since its launch in 2007.
SLICLL’s commitment to cultural heritage is evident through its participation in traditional Peraheras and its annual support for Poson pilgrims in Anuradhapura. In response to the Ditwah cyclone, the company has also contributed to relief efforts and national recovery initiatives.
With over 60 years of experience in the industry, Sri Lanka Insurance Life holds the largest life fund in the sector, valued at Rs. 247 billion, and an asset base of Rs. 275 billion, affirming its position as a leader in financial strength and long-term security.
