Sagicor Life Insurance Company Review
Written by
Brian Greenberg
CEO / Founder & Licensed Insurance Agent
Last updated: March 30th, 2023
Reviewed by
Grant Desselle
Licensed Insurance Agent
Table of Contents
Sage Whole Life Insurance
Sagicor Life’s Sage whole life product is a dependable choice for those who seek financial security for their loved ones. It’s a permanent life insurance policy that provides lifelong protection, with level premiums that never increase. This product also includes a cash value component that grows over time and can be accessed tax-free.
Sage Indexed Universal Life (IUL)
Sagicor Life’s Sage indexed universal life (IUL) product is a savvy investment for those who want to protect their loved ones’ future. It’s a flexible policy that allows for growth potential through an index-linked interest rate. With this IUL product, policyholders can rest assured that their family’s financial needs are secure. It’s a smart move in a world where the future is uncertain.
Our take on Sagicor
“Wise financial thinking for life,” that’s Sagicor’s tagline, and, as they promote so prominently on their website, the heart, and soul of the whole platform. One of the definitive reasons this company is so impressive is that it has a vaulted and highly commendable lineage.
Sagicor’s history
Sagicor is one of the oldest and most respected insurers in the Americas, one with a famed and distinguished history that dates back to 1840, to Bridgetown, Barbados. Over the years, the company and its practices have grown.
It started on the 24th of November, 1840, when Howard Gill purchased its first policy. One with a sum assured of $10,000 – and then evolved to a multinational conglomerate that underwrites NASA programs, has multiple foundations, issues bonds on the International market, and even owns one of the largest banks in the Caribbean. The Sagicor Bank, formally known as the RBC Jamaica.
Where Sagicor shines
Sagicor is a convenient and straightforward life insurance company. Among its many products and the one that most impresses us and our customers is its streamlined no medical exam life insurance.
The whole application process is straightforward and fast and can be completed over the phone or through your computer.
Rates are competitive compared to other popular choices, and if you are between 18- 65, you can get $1 million in coverage without the need for a medical exam. If, on the other hand, you do get a medical exam, that coverage can skyrocket to a staggering $10 million.
What we like
Sagicor offers 180 years of experience
Sagicor has over 180 years of experience under its belt. Sure, a century of experience isn’t unheard of among life insurance providers. But an additional 80 years goes a long way.
Customers first
Sagicor has always prized its customers above everything else. They offer great service, which in turn translate to exceptional ratings.
Great value for the money
Sagicor has coverage in over 45 States, and it is considered one of the best value insurance companies out there.
What we don’t like
Not the best option for people with health conditions
Sagicor doesn’t sign up people with serious health conditions. Certain companies do take individuals with serious health conditions. Sagicor is not one of them. Among the conditions listed are sleep apnea, diabetes, arthritis, and asthma.
Not the best option for term with a medical exam
While Sagicor does offer term life insurance with a medical exam, their pricing isn’t as competitive as their non-medical exam version.
Financial ratings
Sagicor has an excellent financial rating. It is very likely that meeting financial obligations will not prove to be an obstacle for them.
- S&P Rating: A+ – Excellent
- A.M. Best Rating: A – Excellent
Sagicor Life Customer reviews
Sagicor Life Insurance Company
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Rated rates
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Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
Sagicor Life Insurance Company
Sage Term - No Exam
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Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sage Universal Life - No Exam
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Sagicor Life Insurance Company
Sage Universal Life - No Exam
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Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sage Term - No Exam
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Sage Term - No Exam
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Sage Universal Life - No Exam
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Sage Term - No Exam
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Sage Term - No Exam
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Sage Universal Life
To Age 121 Level (No Lapse U/L)
Sagicor Life Insurance Company
Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
Sagicor Life Insurance Company
Sage Term - No Exam
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Sage Term - No Exam
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Sage Universal Life
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sagicor
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Sagicor Life Insurance Company
Sage Universal Life - No Exam
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Sage Universal Life - No Exam
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Sage Term - No Exam
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Sage Universal Life
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Sage Term - No Exam
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Sage Term - No Exam
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Sage Universal Life - No Exam
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Sage Term - No Exam
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Sage Universal Life - No Exam
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Sagicor Life Insurance Company
Sage Term - No Exam
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Sagicor Life Insurance Company
Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sagicor
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Sagicor
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Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sagicor
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Sagicor
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Sage Universal Life - No Exam
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Sage Term - No Exam
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North American Co for Life and Health
LifeVue Term No Med Same Day Issue
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Sagicor
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Sage Term - No Exam
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Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
Sagicor Life Insurance Company
Sage Universal Life - No Exam
To Age 121 Level (No Lapse U/L)
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Sage Term - No Exam
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Sagicor
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Sagicor
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Sage Term
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Sagicor Life Insurance Company
Sage Universal Life - No Exam
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Sagicor Life Insurance Company
Sage Term - No Exam
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Sagicor
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Sagicor
Sage Term
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Sagicor Life Insurance Company
Sage Universal Life - No Exam
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Sage Term - No Exam
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Sagicor
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Sagicor
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Sagicor
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Sagicor Life Insurance Company
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Sagicor
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Sagicor
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15 years
Sagicor
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10 years
Sagicor Life Insurance Company
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10 years
Sagicor
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15 years
Sagicor Life Insurance Company
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10 years
Sagicor Life Insurance Company
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15 years
Sagicor Life Insurance Company
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10 years
Sagicor Life Insurance Company
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10 years
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10 years
Sagicor Life Insurance Company
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15 years
Sagicor Life Insurance Company
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20 years
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20 years
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15 years
Sagicor Life Insurance Company
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20 years
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10 years
Sagicor Life Insurance Company
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20 years
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20 years
Sagicor Life Insurance Company
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10 years
Sagicor Life Insurance Company
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15 year
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
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20 years
Sagicor
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20 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
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10 years
Sagicor
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15 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
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10 years
Sagicor Life Insurance Company
Sage Term - No Exam
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 year
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
Sage Term - No Exam
Sagicor Life Insurance Company
Sage Term - No Exam
20 years
Sagicor Life Insurance Company
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20 years
Sagicor Life Insurance Company
Sage Term - No Exam
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
15 years
Sagicor Life Insurance Company
Sage Term - No Exam
15 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
Sage Term - No Exam
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
Sagicor Life Insurance Company
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Sagicor Life Insurance Company
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Sagicor Life Insurance Company
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10 years
Sagicor Life Insurance Company
Sage Term - No Exam
10 years
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Brian is the founder and CEO of Insurist and carries Life, Health, and Property & Casualty licenses in all 50 U.S. states. Since 2013, Brian has been a member of Million Dollar Round Table, a designation for the top 1% of financial advisors worldwide. Brian has been featured in Yahoo! Finance, Money.com, Entrepreneur.com, Life Happens, Forbes, MSN, and Good Financial Cents. Brian’s goal is to show customers the best products, the quickest answers to their questions, and provide expert advice.
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Grant's past experience includes work as a licensed sales agent for Hagerty Insurance. He has reviewed thousands of existing auto policies across the nation and issued hundreds of new ones on everything ranging from classic cars undergoing restoration to modern exotics and motorcycles.