How Much Does Life Insurance by Sagicor Cost?
Although you might not be familiar with the Sagicor Life name, you should consider this company if you are in the market for 10, 15, 20 year term life insurance or guaranteed universal life. Their prices are super competitive and the application and underwriting process is fast and easy.
Sample quotes and policy information contained in this review are from the Sagicor Life website. Actual results will vary depending on your age, your health, and other factors. You must complete an application and get underwriting approval before you know your exact cost.
Check out our full Review of Sagicor Life Insurance:
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Sagicor Life Insurance Pricing and Fees
Sagicor Term Life
The pricing for Sagicor term life insurance is excellent compared to the competition. In addition, there are no hidden fees to apply.
HOW MUCH DOES SAGICOR TERM LIFE INSURANCE COST?
The cost of the 10, 15, & 20 year term life insurance by Sagicor Life is less expensive that other leading carriers.
QUICK VIEW
- Product Name: Sage Term Life
- Minimum Policy Face Amount: $50,000
- Issue Ages: 20 Year Term -18 years to 65 years (to age 55 for Tobacco) 15 Year Term – 18 years to 70 years – 10 Year Term – 18 years to 75 years
- Level Period: 10, 15, & 20 Years
SAGICOR TERM LIFE INSURANCE UNDERWRITING CLASSES
Accelerated Underwriting –
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Rated Non-Tobacco
- Preferred Tobacco and Standard Tobacco
Fully Underwritten –
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Preferred Tobacco
- Standard Tobacco
- Substandard ratings up to Table 8
SAGICOR TERM LIFE INSURANCE ADDITIONAL RIDERS
Accelerated Benefits Rider – Terminal condition or chronic illness Accidental DeathChildren’s Term RiderWavier of monthly deductions
Conversion: Sagicor term life insurance may be converted, without evidence of insurance, to any permanent life insurance policy being issued by Sagicor for conversion at that time. Conversion may occur at any time prior to the policy anniversary following the insured’s 70th birthday. Term Conversion credits are available in years 2 through 5 and allow 100% of the prior 12 months’ paid premium to be applied towards the cost of any eligible permanent life insurance policy. Conversion credits apply to both full and partial policy conversions.
SAGICOR TERM LIFE INSURANCE PROS & CONS
Pros
- Excellent prices
- Easy online application
- Accelerated underwriting – possible instant approval
Cons
- No 30 year term available
- No all applicants are eligible for accelerated underwriting and will have to complete a full medical exam
SAGICOR TERM LIFE INSURANCE SAMPLE MONTHLY QUOTES
Sample quotes assume Preferred Plus Underwriting Class. Actual prices may be different.
Monthly Sagicor Term Life Insurance Quotes (Age 30 – Male)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $8.34 | $8.68 | $9.63 |
| $250,000 | $10.31 | $11.12 | $13.75 |
| $500,000 | $14.49 | $16.11 | $21.37 |
| $1,000,000 | $21.68 | $26.10 | $35.28 |
Monthly Sagicor Term Life Insurance Quotes (Age 30 – Female)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $7.57 | $8.24 | $8.87 |
| $250,000 | $9.21 | $10.54 | $11.85 |
| $500,000 | $12.29 | $14.95 | $17.58 |
| $1,000,000 | $18.33 | $23.10 | $28.81 |
Monthly Sagicor Term Life Insurance Quotes (Age 40 – Male)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $9.70 | $10.53 | $10.92 |
| $250,000 | $12.39 | $14.60 | $16.56 |
| $500,000 | $18.65 | $23.08 | $26.99 |
| $1,000,000 | $30.20 | $39.70 | $47.44 |
Monthly Sagicor Term Life Insurance Quotes (Age 40 – Female)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $9.14 | $9.44 | $10.32 |
| $250,000 | $10.62 | $13.03 | $14.96 |
| $500,000 | $15.11 | $19.94 | $23.80 |
| $1,000,000 | $23.22 | $32.18 | $41.13 |
Monthly Sagicor Term Life Insurance Quotes (Age 50 – Male)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $17.28 | $22.57 | $25.14 |
| $250,000 | $33.74 | $37.73 | $42.39 |
| $500,000 | $61.35 | $69.34 | $78.66 |
| $1,000,000 | $96.30 | $125.93 | $145.07 |
Monthly Sagicor Term Life Insurance Quotes (Age 50 – Female)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $15.79 | $22.49 | $22.57 |
| $250,000 | $27.93 | $30.91 | $36.53 |
| $500,000 | $49.73 | $55.69 | $66.94 |
| $1,000,000 | $77.72 | $92.94 | $124.70 |
Monthly Sagicor Term Life Insurance Quotes (Age 60 – Male)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $40.17 | $54.89 | $71.35 |
| $250,000 | $82.21 | $116.52 | $155.88 |
| $500,000 | $158.30 | $226.92 | $305.63 |
| $1,000,000 | $310.48 | $447.72 | $605.13 |
Monthly Sagicor Term Life Insurance Quotes (Age 60 – Female)
| Coverage | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
| $100,000 | $26.30 | $41.26 | $48.87 |
| $250,000 | $52.27 | $77.98 | $108.93 |
| $500,000 | $98.42 | $149.84 | $211.74 |
| $1,000,000 | $190.72 | $293.56 | $417.35 |
WHAT IS THE PRICE FOR SAGICOR UNIVERSAL LIFE INSURANCE?
The price for Sagicor universal life insurance is competitive compared to other leading carriers.
QUICK VIEW
- Product Name: Sage No Lapse Universal Life (NLUL)
- Minimum Policy Face Amount: $25,000
- Issue Ages: 16 to 80
- Level Period: Permanent policy designed to last your entire life
SAGICOR UNIVERSAL LIFE UNDERWRITING CLASSES
Accelerated Underwriting –
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Rated Non-Tobacco
- Preferred Tobacco and Standard Tobacco
Fully Underwritten –
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Preferred Tobacco
- Standard Tobacco
- Substandard ratings up to Table 8
SAGICOR UNIVERSAL LIFE ADDITIONAL RIDERS
- Accelerated Benefits Rider – Terminal condition or chronic illness
- Accidental Death
- Children’s Term Rider
- Wavier of monthly deductions
SAGICOR UNIVERSAL LIFE INSURANCE PROS & CONS
Pros
- Sage NLUL is a flexible-premium product designed to provide affordable life insurance coverage your rest of your life.
- Lapse protection – The No Lapse feature does not mean the policy can never lapse. See policy for more details
- Accelerated underwriting is available for face amounts of $25,0005 to $400,000 for ages 16 years to 65 years — No telephone interview and an underwriting decision returned within minutes — No bodily fluids, no medical exams and no Attending Physician’s Statements (APS) are required.
- Full underwriting is available for face amounts of $25,0005+ for ages 66 years to 85 years — Available for face amounts of $400,001+ for ages 16 years to 85 years
Cons
There are no CONS for Sagicor Universal Life Insurance.
The product has good prices, and should be considered— if you are in the market for universal life.
The Bottom Line
Although you might not be familiar with the Sagicor Life name, you should consider this company if you are in the market for 10, 15, 20 year term life insurance or guaranteed universal life. Their prices are super competitive and the application and underwriting process is fast and easy.
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