Sagicor175 Endowment Plan

To celebrate an important Sagicor milestone, we’ve used our 175-year legacy of wise financial thinking to design a product that will help you create yours. The Sagicor
175 Endowment Plan is your opportunity to create the legacy of a more comfortable and secure future that you can thank yourself for.
 
INVESTMENT OPPORTUNITIES FOR EVERY STAGE OF LIFE
Dealing with life’s challenges, whether on a personal or financial level can be overwhelming. To ensure a comfortable and secure future for you and your
family, there are many factors to consider: Interest rate variations; provision for children’s education; retirement planning or simply to save for the future. Sagicor has designed a product that helps you to enjoy the benefits of wise financial thinking for all stages of life.

FOR MORE INFORMATION
Contact your advisor at (246) 467-7500 or email us at contactus@sagicor.com.

CREATE A LEGACY AND PLAN FOR THE ROAD AHEAD
The Sagicor 175 Endowment Plan provides insurance protection and a unique investment opportunity. This endowment product will have a duration of 25 years,
during which it accumulates cash values. Endowment policies provide additional benefits for their owners by complementing traditional life insurance coverage with
an entitlement to a lump sum payment at the end of a specific term.

At maturity, Sagicor 175 will pay a lump sum benefit comprised of the equivalent of the Sum Assured (100%) plus a special bonus equivalent to 75% of the Sum
Assured. If the insured dies before maturity, the Sum Assured will be paid along with an amount equivalent to all premiums paid to date in respect of the maturity
bonus element.

HOW CAN SAGICOR 175 BENEFIT YOU?
Sagicor 175 helps you to protect your financial future and allows you to:

  1. ​​Accumulate cash values for future cash requirements such as liquidating mortgage payments, the cost of education, wealth accumulation or even supplementing retirement income;
  2. Ensure that in the event of death, your family’s needs are taken care of and any expenses or debts can be settled; and
  3. Accomplish a specific savings goal with guaranteed cash values and a bonus at maturity.

HOW THE SAGICOR 175 WORKS FOR YOU
The range of features include:

  1. Guaranteed cash values after the end of the third policy year, against which cash loans can be obtained subject to terms of repayment;
  2. A guaranteed lump sum payment at maturity that will be equal to 175% of the Sum Assured unless there is loan related indebtedness; and
  3. In the event that the insured dies before maturity, payment of a death benefit made up of the Sum Assured and the equivalent of all premiums paid in respect of the Maturity Bonus.

SAGICOR 175 GOES A LONG WAY WITH BUILDING YOUR FINANCIAL
FUTURE 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, should an insured who is at least 15 years of age die in an accident or become dismembered, i.e. loss of any limbs or sight in one or
both eyes, a benefit will be paid. (Conditions apply)

PAYOR’S WAIVER OPTION
Where this option is purchased on a policy taken out on the life of another person, in the unfortunate event that you become totally disabled or die, Sagicor will waive
the payment of the premium up to the maximum age allowed under this option.​