DOs AND The DONTs: DO Help Create Awareness
We must have greater Awareness about Insurance. The concept of insurance is not sufficiently known or understood in Sri Lanka . Unlike say Agriculture where our people are culturally adapted, Insurance is entirely an English concept. I have asked the Insurance companies to create greater Awareness about Insurance generally and not restrict their advertising budgets to Marketing their respective policies. Because of a lack of adequate knowledge about Insurance and its benefits and pitfalls, I strongly advise those who take out large insurances to go through a good broker. There are over Fifty insurance brokers in the country who are registered with the Insurance Board of Sri Lanka (IBSL).