Life Solutions
Meeting life’s challenges, whether on a personal or financial level, can be demanding. With so many factors to consider, it can often be difficult to understand what choices you have. It will help you to enjoy the benefits of wise financial thinking for life.
What is Sagicor Life Solutions?
This plan offers a combination of two insurance products: Life Protector and Term Life insurance and a savings benefit.
Life Protector
Should you choose to add critical illness coverage to your Sagicor Life Solutions plan, then the Life Protector is perfectly suited for you. The Life Protector plan offers financial protection and freedom if you are afflicted with a critical illness. It provides a living benefit to address the health costs, general financial challenges or simply to make the most of today if you are diagnosed.
Critical Illness – lump-sum payment upon diagnoses of heart attack, stroke, coronary artery bypass, heart-valve replacement, cancer, major organ transplant, paralysis, multiple sclerosis, coma, major burns, blindness, Alzheimer’s disease, benign brain tumour, deafness, kidney failure, loss of limbs, loss of speech, motor neuron disease, Parkinson’s disease, aortic surgery and loss of independent existence.
RETURN OF PREMIUM – Life Protector III also gives you and your family peace of mind by refunding all premiums to your beneficiary if death were to occur prior to age 70 without a claim against the policy.
Term Life insurance is a cost-effective way to solve any short-term financial needs you may have. Term Life policies provide you with great flexibility if your short-term needs change.
Why Term Life
The Term Life insurance component of Sagicor Life Solutions allows you:
- An affordable way to get maximum coverage
- To cover specific financial responsibilties like a mortgage or university expenses
- To supplement your permanent life insurance during periods when your coverage needs to be higher.
Savings Benefit
Life Solutions with Savings can be combined with any of the Life Solutions components. The interest rate is not guaranteed and will fluctuate.
Sagicor Life Solutions is one of the many solutions offered by Sagicor. Please ask a Sagicor Advisor how this product can be a part of a wise approach for your financial well-being.