Sagicor Life launches Peace Assured
Sagicor Life Insurance Company announced the launch of Peace Assured, a whole life product that offers affordable, permanent life insurance protection without medical exams and a guaranteed premium that is locked in for the life of the insured.
“Having a serious conversation with family about your end of life plans is one of the last things that you want to do. But, the reality is that the average cost of a funeral is $8,000 to $10,000, and many families would have a tough time recovering from unexpected funeral expenses. Now they don’t have to, with Peace Assured.” – Bart Catmull, President and Chief Operating Officer.
Peace Assured offers consumers a way to protect their families with a simple, online experience:
- Coverage in Minutes:
- Get a personalized quote.
- Select the policy premium, apply online, and get a decision in minutes.
- After the first month’s premium is paid, coverage starts immediately (no waiting period).
- No Medical Exam Required: Answer a few simple health questions online.
- Quick Death Benefit Payout: Benefits are typically paid out within a few days after the required documents have been received.
- Guaranteed Rate and Coverage for the Life of the Policy: As long as scheduled payments are made, the coverage and rate are locked for the life of the policy.
Sagicor recognizes that every family is unique and has focused on creating product solutions to meet various individual needs. According to Mr. Catmull, “In a world that can be chaotic, Sagicor has provided stability and comfort for over 65 years by offering products designed to protect the ones you love most.”
– The issuance of the policy may depend on the answers to the health questions in the application. Peace Assured is not Guaranteed-Issue.
– Premium rate and coverage are guaranteed as long as the scheduled payments are made.
– Product issued by Sagicor Life Insurance Company, Scottsdale, AZ, and offered by My Life Covered Agency, LLC, Chesterfield, MO. The product has limitations and restrictions including surrender charges. This product is not available in all states, and state variations may apply.
