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Sagicor Life Insurance Review

sagicor life insurance

Written By Doug Mitchell

Doug Mitchell, CLU holds a BA degree in Finance from Auburn University as well as having obtained a Chartered Life Underwriter (CLU) designation from The American College in Bryn Mahr, PA.  Doug has spent close to 30 years in the insurance and financial planning industry and has held licenses to sell securities, long-term care insurance, health.  Doug is also a financial blogger addressing the topics of life insurance, annuities and retirement income planning.

Holly Mitchell  &

Holly Mitchell’s background in life insurance insurance goes back to 1985 when she worked for her father who was a New York Life agent. Holly has a marketing degree from Auburn University and has had a life insurance license since 2008. In addition to advising life insurance for customers all around the country, Holly is our website fact checker.

Rob Pinner   &

Rob Pinner is the founder and CEO of Pinner Financial Services servicing all 50 states. Rob started his insurance career in 2002.

Louis LaBash

Results-driven and innovative life insurance professional with 30 plus years of life insurance industry sales and marketing experience. Recognized as a pioneer in the field, leveraging phone and internet channels to exceed personal sales of over $100 million during the first decade of the 21st century. Creator of a highly effective intuitive IUL life insurance sales software that facilitated the sale of millions of dollars of indexed universal policies by numerous life insurance agents. Proven track record as a Managing General Agent (MGA), Life Agent, IUL Life Insurance Sales Software developer, and leading-edge creator of insurance marketing tools, educational content, and delivery systems.

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Looking for a whole life product that will cover a wide range of aging policyholders? Sage Whole Life by Sagicor Life Insurance is a non-participating whole life policy that will maintain coverage as long as the policy is in force, and offers a guaranteed premium, along with cash value and death benefit.

We know that finding the perfect life insurance policy can be a long and difficult process, but that’s why we are here to help. It’s our mission to ensure that you’re getting the best plan to meet your needs. We can help you look at many different plans, and this article is going to explore Sagicor Sage whole life insurance.

Sagicor Sage Whole Life Insurance

We also offer other company reviews such as Allstate Insurance and Globe Life Reviews for you to look over before you make your final life insurance purchase decision.

sagicor life insurance logoOne popular thing about Sage Whole Life is that it offers applications to many different types of life insurance customers, in many different age ranges.

Juvenile policy options for kids allow policies for those who expect their life insurance to grow with them through the years. Other types of policies are specifically targeted towards those who are nearing retirement or retiring, and seniors who need specific affordable premium options.

Due to existing conditions or age, insurance companies are slower to take these individuals on as customers, so they often need more tailor-made policy options and a more accommodating process for “matchmaking” a customer and a carrier.

Simply put, this type of policy offers something for everyone, with a highly customizable application process and a range of coverage amounts. Applicants can also customize their applications to cover their specific types of risks, for instance, smokers or non-smokers will have entirely different standards applied to their applications.

Two different age bands provide for policy coverage ranges from $25,000 to $99,999, with a third band offering coverage of $100,000-$250,000 to policyholders between 16 and 85 years old.

Policy options include tobacco and non-tobacco, as well as preferred and standard categories. A policy fee of $50 applies. If you’re a smoker, then it’s important that you find the best policy for you.

Don’t spend a fortune because of your bad habit.

Policyholders can also choose various riders on the policy, including:

These riders cover various disclaimers about coverage and policy eligibility, for example, the waiver of premium rider allows for deferred premium payments in some disability conditions.

The riders that can be attached to Sage Whole Life policies are another important way to customize this type of insurance, and it’s important that applicants read them in detail and get adequate explanations for all of the terms and contractual obligations covered in these additions.

Another feature of a Sage Whole Life policy is that shoppers can choose from different kinds of underwritten policies. A fully underwritten policy provides a variety of resources for lowering premiums, while no-exam senior policies make things a lot more convenient for applicants.

A fully underwritten policy involves a check into the applicant’s motor vehicle record, blood work, and more.

However, with some ‘express’ or simplified applications, many of these elements can be waived. Convenient no-exam policies provide life insurance customers with a way to get the coverage they need without complying with time-intensive, intrusive and uncomfortable conditions.

In fact, with some simplified applications, the applicant uses Sagicor Life’s Accelewriting® application process, with no telephone interview requirement.

Advantages of Sagicor’s Policy

Our first, and most important, a detail we tell everyone is that it’s important that you compare all of the available options for coverage.

One of the popular choices is Sagicor’s Accelewriting plans. These policies are an excellent way to get life insurance coverage without being required to undergo the exam policy.

One of the biggest advantages is that the insurance company won’t get an idea of your current health, which means that if you have any serious pre-existing condition, the insurance company won’t be able to change your premiums because of that. This will allow more people to get affordable life insurance protection, regardless of health.

All no exam plans are going to be quicker than a traditional plan, but Sagicor’s no exam plans are going to be one of the quickest ways to get the coverage that you can find. With Sagicor’s no exam policies, you can be approved in a matter of days. If you want to get life insurance as quickly as possible, this is going to be one of the best options that you can find.

Sagicor No Exam Life insurance

Sagicor’s Simplified Issue life insurance is the perfect solution for consumers shopping for simplicity without compromising quality. There is no need for a medical exam.

In fact, the entire application process can be performed over the phone. Clients are often surprised when they find they are able to hear the decision during the initial phone call. If further review is necessary, applicants can expect a decision within a short 48 hour time frame.

Sagicor Life Insurance Process

There is a set decision-making process for a Sagicor no exam policy.

They use three sources of data in making a decision. First, the Medical Information Bureau is referenced. Here, the staff is able to save time by retrieving information that has already been provided to other medical insurance providers in the past.

Next, records are pulled from Intelliscript, a pharmaceutical database that stores information regarding your prescription drug history. Finally, information is retrieved from your motor vehicle files.

Using this trifecta of easily-accessible information, the insurance policy can be drawn up without the need for a medical exam.

Should You Buy Sagicor No Exam?

The Sage Whole Life policy is, again, a very versatile option in today’s life insurance market. It’s a relatively new offering that allows many different customers to provide for their families with premiums and coverage that are right for their health conditions, lifestyles and budgets.

To get help wading through the many complex details of this type of policy, ask an insurance broker (like us) to help you look at what you can get on the market.

These dedicated professionals will help you understand the jargon and terminology attached to policy applications. They’ll explain the difference between one type of coverage and another. And this makes all the difference in getting the coverage that you need, at a price you can afford.

With the combination of brand-new versatile life insurance products and experienced, qualified shopping assistance, today’s families can get the right financial safeguards to stand them in good stead through dynamic markets and uncertain futures.

If you have any questions about Sagicor Sage whole life insurance plans or about the other options available to you, please contact one of our agents today. We would be happy to answer any questions that you have and connect you with the best plan to meet your needs.

Call us today for a quote at 1-800-712-8519.

Doug Mitchell, CLU

Doug Mitchell, CLU

Doug Mitchell, CLU holds a BA degree in Finance from Auburn University as well as having obtained a Chartered Life Underwriter (CLU) designation from The American College in Bryn Mahr, PA. Doug has spent close to 30 years in the life insurance and financial planning industry and has held licenses to sell securities, long-term care insurance, health. Some other notable items about Doug: Top of the Table Million Dollar Round Table member (MDRT). (MDRT is a global, independent association of the world’s leading life insurance advisors) | Premier Partner with Lincoln Financial and Cabinet Member | Served two years as President of the Auburn/Opelika Association of Financial Advisors | Life Millionaire status at Horace Mann Insurance Company and was awarded the Life Agent of the Year Award | New York Life, Executive Council Member | Currently serves as President of Ogletree Financial, a life insurance General Agency. | Doug is also a financial blogger addressing the topics of life insurance, annuities and retirement income planning.

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