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| | Sagicor proudly introduces it's new "Combo Sale" as a unique solution to effectively move deferred annuity funds utilizing our Single Premium Immediate Annuity to purchase our Fixed Indexed 7-Pay Whole Life Insurance Policy. Target Market: Estate Planning, Wealth Transfer/Creation, Inheritance Planning - Avoid Modified Endowment Contract (MEC) status utilizing Fixed Indexed 7-Pay Whole Life (Complies with 7 Pay Guidelines)*
- Ability to effectively utilize Qualified and Non-Qualified annuity funds to purchase paid-up life insurance
- Dual Commission Opportunity: Commission paid on both Single Premium Immediate Annuity and Fixed Indexed 7-Pay Whole Life
Gold Series Single Premium Immediate Annuity (SPIA) - 7 Year Certain Annual Payments to fund a Fixed Indexed 7-Pay Whole Life
- 1035 Exchanges or qualified rollovers from existing deferred annuity accepted
- Spread out potential tax payments over a 7 year period and move funds from an existing annuity to more effectively transfer wealth through life insurance*
- Calculate the amount a 7-Pay SPIA generates utilizing Sagicor Illustration Software
Gold Series Fixed Indexed 7-Pay Whole Life (7-Pay Whole Life) - Fully Paid-Up Policy in Seven Years
- 3 Interest Crediting Strategies Available, 2 Indexed
- Inherent Terminal and Chronic Illness Benefits available (No Confinement Required)**
- Loans available anytime the policy has cash value and Partial Withdrawals available after policy year 7
Application and Underwriting - Producer must complete both the appropriate required SPIA and 7-Pay Whole Life applications and submit them together to Sagicor Life
- 7-Pay Whole Life Point-of-Sale Process for Face Amounts of $25,001 - $250,000, Issued Standard Non-Med through Table 4 up to $250,000
- Face Amounts above $250,000 are fully underwritten for the 7-Pay Whole Life
Sample 7-Pay Whole Life Policy Information - Female 60 Standard NT - 7 Level Annual Payments of $10,000: $70,000 Total Premium Paid
- Guaranteed Death Benefit (Day One): $130,599
- Guaranteed Cash Surrender Value Year 20: $84,384
- Guaranteed Monthly Chronic Illness Benefit: $3,200 (33 month payout)
For current rates, please contact Sales at: salesdept@sagicorlifeusa.com or visit the Producer's section of our website and download the Current Crediting Strategies/Rates PDF (Form 4062). * Tax Statement: Sagicor Life Insurance Company does not provide or offer legal, investment, or tax advice. Please consult a qualified advisor for these statements. ** Not available in all states. | | 
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