Flex Advantage offers flexible premium payment terms of 5, 7, or 10 years. Although your premium payment period is limited, you can continue to enjoy long-term protection and wealth accumulation benefits throughout a policy term of up to 40 years.

Flex Advantage comes with built-in protection benefits, including Death Cover, Waiver of Premium on Death, and Waiver of Premium on Total Permanent Disability. You can also enhance your coverage through a range of optional protection benefits, including additional death, disability, loss of income, critical illness, and health covers, allowing you to tailor the plan to your needs.

At the time of purchasing your policy, you can choose how you would like to receive your maturity benefits. Upon maturity, your accumulated fund value and loyalty bonus can be paid either as a lump-sum payment or as a regular monthly income for 10, 15, or 20 years, based on the option selected at policy commencement.

Yes. Flex Advantage is designed to be highly flexible, allowing you to choose your policy term, premium payment term, premium payment frequency, maturity payout option, and a range of optional protection and health covers. This enables you to create a plan that aligns with your lifestyle, priorities, and long-term financial goals.

Yes. Flex Advantage is well suited for retirement planning, helping you build long-term savings while providing the option to receive your maturity benefits as a regular monthly income. You can also select your preferred retirement age between 28 and 70 years, enabling the plan to align with your retirement goals.

Flex Advantage provides the flexibility to access a portion of your policy fund value in the event of an unforeseen financial need, subject to the applicable terms, conditions, and withdrawal limits.

Flex Advantage is available to individuals aged 18 to 60 years (nearest birthday), subject to the applicable underwriting requirements and policy terms and conditions. This makes it a suitable solution for individuals looking to build long-term financial security while planning for their future goals

Flex Advantage is underwritten and issued by Union Assurance PLC, one of Sri Lanka's leading life insurance companies. With its extensive experience and commitment to helping customers achieve long-term financial security, Union Assurance PLC provides the protection and support behind your Flex Advantage policy.