Tuesday, July 30, 2013

Important Sagicor Producer Announcement

 

 

 

Sagicor

JULY 29, 2013 | PRODUCER ANNOUNCEMENT

 

 

 

EFFECTIVE MONDAY, AUGUST 5, 2013

 

 

Dear Jesse,

 

Due to unprecedented volume, Sagicor Life Insurance Company will be limiting the premium amounts for all Sagicor deferred annuities to $100,000 or less per owner until further notice. 

 

This includes:

  • Sage Advantage FIA
  • Sage Choice SPDA

 

By taking this action, Sagicor Life Insurance Company will be able to ensure these products remain available for the "Middle America" market that we strive to serve.

 

The previous maximum premium amount of $500,000 will be honored on applications dated on, or before, August 2, 2013 and received in good order by 5:00pm MST Monday, August 5, 2013.

 

Please note that no exceptions will be made.

 

Should you have any questions or require any additional information, please contact the Producer Resource Center (PRC) by calling toll-free (888) 724-4267, option 2 or emailing us at PRC@SagicorLifeUSA.com.

 

 

Thank you.

 

 

 

 

Sagicor Life Insurance Company is rated "A-" (Excellent) by A.M. Best Rating Company.
FOR PRODUCERS USE ONLY - NOT FOR PUBLIC DISTRIBUTION

4594

 

 

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Sagicor Life Insurance Company | 4010 W. Boy Scout Boulevard | Suite 800 | Tampa | FL | 33607