PERMANENT LIFE

Gold Series Interest Sensitive Single Premium Whole Life Insurance

PROTECTION, GUARANTEED INTEREST AND LIVING BENEFITS

You've worked hard to provide for your family and save for retirement. You've used savings and investment tools such as Certificates of Deposit (CDs), money markets, annuities and mutual funds to accomplish these goals. But taxes and probate feed may shrink your estate. By transferring some of these assets to the Sagicor Gold Series Interest Sensitive Single Premium Whole Life you could accomplish the following.

Instantly increase your estate value
Transfer the money more efficiently to your heirs
Still have control and access to the money for emergencies and opportunities
Living benefits to help pay for the expenses of chronic illness and care

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 Interest Rate

A lifetime guaranteed minimum interest rate eliminates the worry of market volatility plus your policy has future interest upside potential.

100% Guaranteed Return of Premium

Your single premium payment is guaranteed from day one. In the unlikely event you surrender your policy, you are guaranteed to receive at least 100% of your initial premium back, less any outstanding loans, previous withdrawals or accelerated benefits paid out.

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.

Living Benefits (Accelerated Benefit Insurance Rider)

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.