Janashakthi speedily expedites flood-related claims
June 3, 2010 11:37 am
Janashakthi Insurance announced that it has received over
400 flood related claims so far since the onslaught of the torrential rains.
The total amounts to approximately Rs. 150 Mn.
Of these 300 were motor claims, while the balance 100 claims were non-motor
(buildings, houses, livestock, property, stores etc). The Company is currently
in the process of speedily assessing, processing and expediting payment for all
of these claims.
Janashakthi’s General Manager- Insurance Dayalanie Abeygunawardana said that
the Janashakthi team got down to work immediately and was literally working
round the clock to assess the damage and process the claims. “Settling these
claims immediately is a top priority for us. As a responsible corporate,
we understand the trauma the people are undergoing …… hence the dire urgency to
honour those claims”.
The torrential rains have rendered nearly 450,000 people homeless. The precise
extent of the damage to property has still not been quantified since most
places are yet unreachable. Mrs. Abeygunawardana however affirmed that the most
number of claims came from the
With the recent catastrophe, she said that it would be prudent for both the
public and businesses to rethink their insurance options. “With the recent
unfortunate events, and with more such expected to happen, one would need to
think of adding on covers, such as flood, natural disaster etc, and thus
prepare for unforeseen disaster”.
Mr. Hemantha Dambadeniya - Senior Motor Engineer said that in the event of a
vehicle getting stuck in flood waters one should always remember never to start
the engine. “It is critical that you tow your vehicle to safer ground and
remove the plugs/injectors prior to seeking help”, he added.
Janashakthi Insurance the 3rd largest general insurer in