Here are widely‑recognized insurers in Sri Lanka that offer child/education savings plans (common product names and what they typically offer). I’ve listed reputable companies you should consider and included the most relevant product examples and sources.

Top insurers to consider

• Sri Lanka Insurance Corporation (SLIC) — known for child‑focused products (Minimuthu range, “School Fee Protector” to cover school fees if a parent dies). Good for parents seeking dedicated education protection + life cover. (dailymirror.lk)

• Ceylinco Life — offers explicit education savings products (e.g., “Degree Saver”) that combine a savings/investment fund with life cover and maturity payouts timed for tertiary education. (ceylincolife.com)

• Softlogic Life — large private insurer with a full range of life/investment products (retail/child plans available through their life arm and bancassurance partners). Useful for flexible investment‑linked or endowment style education plans. (en.wikipedia.org)

• Union Assurance — well‑established life insurer that markets child/education solutions (products such as “Sisumaga”/education annuity style benefits appear in their product mix). Often available via bank partners for convenient distribution. (unionassurance.com)

• Janashakthi / Ceylinco / Amana Takaful and other major players — several other licensed insurers (Janashakthi, Amana Takaful, LOLC/Allianz/others) offer child protection, education endowments or investment‑linked plans; consider them for product diversity and pricing comparisons. (en.wikipedia.org)

What to compare when choosing a plan

• Type of plan: endowment (guaranteed maturity), unit‑linked/investment‑linked (market‑linked returns), or pure savings + life cover.
• Death/disability protection: does the plan waive future premiums and pay the benefit so the child’s education isn’t interrupted? (common feature in Sri Lankan education plans). (dailymirror.lk)
• Payout timing and structure: lump sum at maturity vs staged/annuity payments for school/college fees. (unionassurance.com)
• Returns, declared accumulation rates (for declared‑rate plans) or fund performance (for unit‑linked). Check historic rates and charges. (ceylincolife.com)
• Riders and add‑ons: hospital cash, critical illness, accidental death multipliers, scholarship/bonus features. (ceylincolife.com)
• Premium flexibility, payment frequency and surrender/partial withdrawal terms. (ceylincolife.com)

Practical next steps

1. Shortlist 3–4 insurers above and request official brochures/quotations for a child education plan (give age of child, target education amount, and term).
2. Ask for illustrations that show guaranteed vs non‑guaranteed returns, premium waiver on death, and surrender values.
3. Confirm the insurer is licensed by the Insurance Regulatory Commission of Sri Lanka (IRCSL) and check recent solvency/ratings if available.
4. Compare net returns after charges, protection features, and the claims servicing reputation.

If you want, I can:

• pull the current education plan brochures and price examples from specific insurers (SLIC, Ceylinco, Softlogic, Union) and compare two side‑by‑side — I’ll fetch the latest policy brochures and illustrations for you.