HNB Assurance PLC is a Sri Lanka-based insurance company. The Company operates through two segments: General Insurance segment and Life Insurance segment. Its General Insurance segment offers various products, such as Motor Insurance, Fire and Engineering Insurance, Marine Insurance, Medical Insurance, Workmen's Compensation Insurance and Takaful solutions. The General Insurance contracts are offered by the subsidiary of the Company, HNB General Insurance Ltd (HNBGI). Its Life Insurance segment includes protection plans, retirement plans, child insurance plans, group life plans, mortgage protection plans and Takaful solutions. Its Life Insurance segment comprises a range of term assurance, guaranteed pensions, endowment products and annuity products. The Company offers annuity products, including myfreedom and mypension annuity products. It caters to the insurance needs of customers spread throughout the island, through its network of approximately 60 branches.