Compare Sagicor against other top carriers
Sagicor Life Insurance Reviews
Sagicor ranks as our #1 no exam carrier. They are the hands-down leader of simplified issue life insurance policies.
Their underwriting process involves true no exam policy up to $1,000,000 in coverage depending on the applicant’s age and term length. The underwriting decision is based on the application medical questions and 3 additional reports (MIB, MVR and RX reports) as opposed to taking a medical exam.
[wp-review id=”5596″]Sagicor Life Insurance Company offers a wide range of products such as term life, whole life, and universal life insurance.
Sage Term Life Insurance offers affordable level premium term periods of 10, 15, and 20 years. After the initial term period, coverage becomes renewable annually until the insured’s 95th birthday. Conversion to a permanent life policy is also available until the insured’s 70th birthday.
These products are available through Sagicor’s Accelewriting automated underwriting process and fully underwritten process for certain face amounts and ages.
Product Types and Names
| Product Type | Product Name |
|---|---|
| Term Life | Sage Term |
| Whole Life | Sage Whole Life |
| Universal Life | Sage UL |
Term Issue Ages
| Product Name | Term Length | Issue Age |
|---|---|---|
| Sage Term | 10 Year Term | 18 years to 75 years |
| Sage Term | 15 Year Term | 18 years to 70 years |
| Sage Term | 20 Year Term | 18 years to 65 years |
| Rate Classes Offered |
|---|
| Preferred Plus |
| Preferred |
| Standard Plus |
| Standard |
| Preferred Tobacco |
| Standard Tobacco |
| OPTIONAL RIDERS |
|---|
| Children’s Term Rider |
| Waiver Of Premium Rider |
| Accidental Death Benefit Rider |
| Accelerated Benefit Rider |
| Chronic Illness Benefit Rider |
| Carrier Name | A.M. Best | Standard & Poor’s | Comdex |
|---|---|---|---|
| Sagicor | A- | NA | NA |
Sagicor Life Accelewriting
Sagicor’s Accelewriting service offers one of the easiest and fastest underwriting services in the industry. The process is completely digital, and it only takes minutes to complete the application and receive your decision. Watch their promotional video to find out more:
Additional Strengths
Single Premium and 10 pay whole life
Sagicor has the most competitive single premium whole life product on the market today. They offer a Fixed Indexed Single Premium Whole Life Insurance product and an Interest Sensitive Single Premium Whole Life product.
GUL
Sagicor offers a strong guaranteed universal life insurance product which is in line with their Sage term product, as it offers level premiums and no medical exam options. The most significant difference between this and there Sage term is this type of policy will last until age 121.
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