Union Assurance PLC is a Sri Lanka-based company engaged in the life insurance business, providing life insurance solutions for both individual and corporate customers. The Company operates through two segments: Policyholder Fund and Shareholder Fund. The Policyholder Fund segment maintains five separate policyholder funds according to the product types, such as Participating, Non-participating, Universal life, Unit linked, and Non-unit linked. The combination of the above five funds is collectively known as the Life Insurance Fund. The Company offers a range of insurance solutions and services under various categories, such as investment, protection, retirement, education, health, and group life. The investment category includes solutions, such as Investment Plus, Union Super Investor, Union Single Premium Advantage, Union Smart Investor and Smart Life. The protection category includes solutions, such as Union Loan Protector and Union Smart Investor Life Plus.
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