PERMANENT LIFE

Gold Series Fixed Indexed 7 Pay Whole Life

INNOVATIVE LIFE INSURANCE WITH LIVING BENEFITS

Careful planning and wise financial thinking have allowed you to save for your retirement. Most likely, your assets have accumulated in savings and investment tools such as Certificates of Deposit (CDs), money markets, annuities and mutual funds. But asset management, probate fees, taxes and possible stock market losses could shrink your estate. Re-allocating some of these assets to the Sagicor Gold Series Fixed Indexed 7 Pay Whole Life may provide many additional opportunities and choices for your money such as:

Sophisticated indexed-linked crediting strategies for greater upside potential
Increased estate value
Control and access to the money for emergencies and opportunities
Living benefits to help pay for the expenses of chronic illness and care
Transferring the money more efficiently to your heirs
Only Seven (7) annual premium payments for lifetime coverage

Guaranteed Death Benefit

The minimum death benefit is guaranteed from day one regardless of changes in your age or health. Also your death benefit can increase over time as your cash value inside the policy may increase. Death benefits to a named beneficiary are generally probate free.

Guaranteed Principal

The indexed-linked interest credit will never be less than 0%. You don't participate in any stock market risk.

Interest Crediting Strategy Choices

The Fixed Index 7 Pay Whole Life offers three (3) distinct crediting strategies for wealth management and diversification.

One Year Declared Fixed Rate of Interest
S&P 500® Linked Strategy
Global Look-Back Strategy

Triple Tax-Advantages

Provides tax-deferred interest earning on the cash value account, the compounding of interest on interest is tax-deferred, and the death benefit is free from federal taxes in most cases.

ARE YOU PREPARED?

Most retirees (baby boomers) are trying to meet a wide range of goals, such as protecting themselves and their family in case of a costly illness and leaving an estate for their heirs. As people are living longer the need for nursing home and home health care assistance increases. Most individuals are unprepared for nursing home or health care costs and this is becoming a growing financial concern for seniors. If you are 45 years or older, you may have considered how much nursing home and home health care will cost.

Through the Accelerated Benefit Insurance Rider (included at no additional cost) and after the policy has been in force for 12 months, you can access the policy's death benefit in two ways, the Terminal Illness Benefit or the Chronic Illness Benefit. The Accelerate Benefit will equal the lesser amount equal to the death benefit amount less $25,000 or $250,000.

Terminal Illness Benefit: Upon certification by a licensed physician that you have been diagnosed with a terminal condition, you may elect to accelerate any portion of the Accelerated Benefit Amount. The amount will be paid in a lump sum.
Chronic Illness Benefit: Upon certification by a licensed physician that you have been diagnosed with a chronic illness, you may elect to accelerate any portion of the Accelerated Benefit Amount. The amount will be pay out in 33 equal monthly installments. In case of death prior to all payments being made, the remaining payments will be paid to the beneficiary in a lump sum.

Only one type of Accelerated Benefit Payment will be allowed. An Insured cannot receive a payment on both a Terminal Condition and a Chronic Illness. Refer to the policy for details, rider limitations and exclusions.

Disclosure

Insurance products are issued by Sagicor Life Insurance Company, a member of the Sagicor Group. Sagicor Life Insurance Company is licensed in 44 states and the District of Columbia and is rated A- (Excellent) by AM Best. Product availability and features may vary by state. Some riders may have additional fees and expenses associated with them. The product descriptions provided on this website are not intended to constitute an offer to sell or a solicitation to buy any product. Consumers interested in Sagicor Life products should contact their local registered Sagicor Life Producer.