Sri Lanka Insurance

Given recent economic and political upheaval, specialist Sri Lanka insurance may be necessary to properly protect your business and people in this beautiful but troubled island nation. General healthcare standards are poor so medical cover with medical evacuation is recommended.

Official risk ratings

Accident and Evacuation <span class="icon" data-icon="star3"></span>
Kidnapping and Ransom <span class="icon" data-icon="star2"></span>
Political Risk <span class="icon" data-icon="star3"></span>

Advice from the FCDO

The Foreign Commonwealth & Development Office (FCDO) in the UK regularly updates its advice to British travellers about immediate risks.

Sri Lanka insurance – quick facts

  • Medical facilities are often not of a western standard, particularly outside of Colombo
  • Indiscriminate terrorism and violence around peaceful demonstrations is a risk throughout the country
  • Economic turmoil means that Trade and Political Risk insurance may be advisable
  • Current fuel, food and medicine shortages all add complication in the case of an emergency

Get in touch

Email us to discuss your needs

What's it like to operate in Sri Lanka?

After the civil war concluded in 2009, Sri Lanka was considered a relatively stable environment to do business and enjoyed growing popularity as a tourist destination.

The Easter Sunday terrorist attacks in April 2019 that killed more than 250 people in Colombo, Negombo and Batticaloa, followed by the catastrophic effect of the pandemic on the tourist economy, has radically changed the business situation here.

Political upheaval has led to a severe economic crisis with shortages of basic necessities. Lack of fuel is affecting transport, businesses, and emergency services. Hospitals and other medical services such as ambulances may also be affected by shortages. There are daily power cuts due to electricity rationing.

Healthcare, especially outside of Colombo, is of a poor standard and so Medical Evacuation insurance is recommended. If you have business interests here, Trade and Political Risk insurance will provide protection should your trading be adversely affected by the political situation. You may also like to consider Personal Accident insurance for any of your people working here, ensuring that they will be properly covered if they get injured as a result of terrorist activity or violence that can erupt around peaceful demonstrations at any time. 



Ask the independent experts

Email us to discuss your needs

High-risk Countries

View all