WHOLE LIFE INSURANCE Find the right coverage for you and your loved ones, no matter what your needs.
EVERY LIFE NEEDS A PLAN. WHOLE LIFE INSURANCE We don’t always know what the future brings
Planning for the future includes taking into account unforeseen circumstances. Without wise financial planning, major losses can have a damaging impact on our lives and finances.
A lifetime of protection
WHOLE LIFE insurance provides coverage for an individual’s entire life, rather than for a specified period of time. This type of insurance guarantees a death benefit as well as a cash value component. A portion of your premium will go towards building cash values over time. Premiums are normally fixed and once they are paid, the policy will remain in force for your entire lifetime. Some plans allow for premium payments to be paid for a limited period. In the event of death, your beneficiaries are paid the Sum Insured.
How Whole Life Insurance can benefit you
Ask yourself if one or more of the following apply: • You seek life insurance protection for your entire life. • You prefer to budget for reasonable premium payments that will remain the same for the life of the policy and provide adequate coverage. • You want to allow the policy to accumulate cash values for future cash requirements such as that dream vacation, the down payment for your home, your child’s education or even retirement. • You want to be certain that in the event of death your family’s needs are taken care of and any expenses or debts can be settled. • You want to provide a financial legacy for your dependents.
A plan tailored to meet your individual needs
Sagicor offers a wide range of non-participating whole life plans of insurance designed to match your unique needs and give you financial peace of mind for today, and for the future.
Whole Life Plans
WHOLE LIFE This plan offers coverage for your entire life, with premiums payable for life. Features: • Low cost coverage is provided • Guaranteed cash values grow over the duration of the policy • Upon death of the Insured, the Beneficiary or Estate is paid the Sum Insured • If premium payments are discontinued, cash values can be used to provide ongoing coverage • Cash values can be used as a loan 21ST CENTURY This plan offers coverage for your entire life, with premiums payable for life. A bonus of 20% of the sum insured will be paid at age 65 with the original Sum Insured remaining unchanged. Features: • Guaranteed cash values grow faster over the duration of the policy than other Whole Life Products • Upon death of the Insured, the Beneficiary or Estate is paid the Sum Insured • If premium payments are discontinued, cash values can be used to provide ongoing coverage • Cash values can be used as a loan
Life Paid Up At 65
This plan offers coverage for your entire life and premiums are no longer required after age 65. Features: • Premiums are paid for a specified period • Guaranteed cash values grow over the duration of the policy • Should you die, your Beneficiary or Estate is paid the Sum Insured • If premium payments are discontinued, cash values can be used to provide ongoing coverage • Cash values can be used as a loan Flexibility and customisation With each plan there is the option to purchase additional benefits to accompany the product: TOTAL DISABILITY OPTION Should you choose to purchase this option, in the unfortunate event that you become totally disabled, Sagicor will waive the payment of the premium. ACCIDENTAL DEATH & DISMEMBERMENT OPTION With the purchase of this option, a benefit will be paid to you or your beneficiary should you die in an accident or become dismembered. GUARANTEED INSURABILITY OPTION With this option, you may increase your total insurance coverage on your life, without a medical test, at specific ages or after life events such as marriage or the birth of a child. The WHOLE LIFE series of products is one of the many solutions offered by Sagicor to help you reach your goals. Please ask a Sagicor Advisor how this product can be a part of a wise approach to your complete financial well-being.
About Sagicor Since 1840, Sagicor Life Inc has been serving the Caribbean. Over that time, we’ve come to know not just our business, but also the people we serve. Today, we operate in 22 countries in the Caribbean, the US, and Latin America, providing insurance, finance, and banking services. In every community, through every region, across every service, we carry that same experience and expertise with us. We live to serve our customers, and we’ve helped them through every situation. It’s that dedication, passion, and care that make us the company we are today. Whatever your needs, whatever you’re going through, trust us: We’ve been there.
WHOLE LIFE INSURANCE
SAGICOR CAPITAL LIFE INSURANCE COMPANY LIMITED Schottegatweg Oost #11 CONTACT Tel (5999) 734-4444 Fax (5999) 736-8575 Guillen Insurance Consultants NV General Agents Sagicor Capital Life Kaya AE Sales 34, Curacao, Netherlands Antilles CONTACT Tel (5999) 461-2081 Fax (5999) 461-1675
Whole life Insurance is issued by Sagicor Capital Life, a member of the Sagicor Group of Companies. Information is valid as of March 2014. insurance • investments • retirement planning • home ownership • education saving • money management Sagicor Capital Life is rated “A-” (Excellent) by A.M. Best Rating Company.