Sagicor’s Term Life plans provide for the
payment of a death benefit to your beneficiary if you die during the term of
the plan. Sagicor offers a range of Term Life plans to meet a wide variety of
personal and business needs, including mortgage protection and key-man
SIMPLICITY — Term Life insurance is the simplest form of insurance providing death
protection for a stated period of time.
AFFORDABILITY — Term Life plans provide the most insurance protection for your premium
CONVERTIBILITY — Within
a period specified in the policy, all Sagicor Term Life plans can be converted
into a permanent life insurance plan, without any medical tests or
underwriting. The premium charged for the permanent plan will be based on the
age of the insured at the time of conversion.
This plan provides a minimum insurance coverage of
$150,000 and the option to purchase additional benefits to accompany the
products such as Total Disability, Accidental Death and Dismemberment and Payer’s