SAGICOR LIFE SOLUTIONS

Prepared For: Presented By:

Kenniser Francis-Charles Sanjay Dominique
Insurance Advisor
Proposed Insured: Sagicor Life (Eastern Caribbean) Inc
Kenniser Francis-Charles Willcher Services
44 Hillsborough Street
Center Of Independence Street
Roseau
Dominica
Tel: (767)316-8365
Email: sanjay_dominique@sagicor.com

Your quotation is organized as follows: Signature: _________________________

Narrative Summary
Basic Policy Features
Quotation
Benefits Provided by Coverages and Riders

Presented by: Sanjay Dominique Prepared on 13 July 2022

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 SAGICOR LIFE SOLUTIONS
Narrative Summary
Proposed Owner: Kenniser Francis-Charles Proposed Insured: Kenniser Francis-Charles
Gender, Age: Female, 31 Gender, Age: Female, 31
Risk Status: Preferred Non Smoker

About Sagicor Established in 1840 as The Barbados Mutual Life Assurance Society, Sagicor
is one of the oldest insurers in the Americas. In November 2002, after 162
years as a mutual company, The Mutual demutualized and became Sagicor
Life Inc.

Sagicor is a well-established regional financial services company with

operations from the United States in the North to Curacao in the South.
Sagicor operates 22 offices in 20 countries in the Region and covers all of the
major languages including English, French, Spanish and Dutch.

The Group offers a wide range of products and services including life and
health insurance, annuities and pensions, property and casualty insurance,
investment services and card processing services.

Total assets of the Group stand at US$4.5 billion and the organization is rated
A- (Excellent) by AM Best, the major rating agency for insurers.

Sagicor Group provides financial products and services of a high standard at

competitive prices, which add value to our customers’ lives. The Group is
expanding the services it offers to a widening customer base on the basis of
superior quality and customer service.

Presented by: Sanjay Dominique Prepared on 13 July 2022

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 SAGICOR LIFE SOLUTIONS
Basic Policy Features
Proposed Owner: Kenniser Francis-Charles Proposed Insured: Kenniser Francis-Charles
Gender, Age: Female, 31 Gender, Age: Female, 31
Risk Status: Preferred Non Smoker

About Quotation This quotation is for information purposes only and does not form part of your
insurance contract. It is not an offer to provide insurance and will not form a
part of any policy that may be issued.

The purpose of the quotation is to demonstrate the features on the

recommended Sagicor Life Solutions policy.

Product Description Sagicor Life Solutions is a concept that offers Term insurance coverage and
Critical Illness coverage with an optional investment component.

The Term component provides for payment of the sum assured on the death of
the Life Insured during the term of the plan.

The Critical Illness component, the Life Protector III, provides a living benefit
payment, subject to certain conditions, on the diagnosis of one of the covered
critical illnesses.

The Investment component is a flexible, interest sensitive component.

Interest Rate The Investment component will benefit from the Company’s prevailing rates of
interest.

Presented by: Sanjay Dominique Prepared on 13 July 2022

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 SAGICOR LIFE SOLUTIONS
Quotation
Proposed Owner: Kenniser Francis-Charles Proposed Insured: Kenniser Francis-Charles
Gender, Age: Female, 31 Gender, Age: Female, 31
Risk Status: Preferred Non Smoker

Premium Payment Term: 49 years

Mode of Payment: Monthly
Currency: EC

Coverages / Benefits Amount Premium

Basic Sum Assured - Term to Age 80 Band 1 100,000 72.45

Total Disability Waiver of Premium – Term to Age 80 Band 1 6.67

Policy Fee 20.13

Total Premium 99.25

Projected Interest Rate 3.75%
Age Year Accumulated Investment Premium Investment Fund Death Benefit
36 5 0.00 0 100,000
41 10 0.00 0 100,000
46 15 0.00 0 100,000
50 19 0.00 0 100,000
51 20 0.00 0 100,000
55 24 0.00 0 100,000
56 25 0.00 0 100,000
60 29 0.00 0 100,000
65 34 0.00 0 100,000
70 39 0.00 0 100,000
75 44 0.00 0 100,000
80 49 0.00 0 100,000
THE FUND VALUES ARE NOT GUARANTEED AND ARE FOR ILLUSTRATION PURPOSES ONLY.

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 SAGICOR LIFE SOLUTIONS
Benefits Provided by Coverages and Riders
Proposed Owner: Kenniser Francis-Charles Proposed Insured: Kenniser Francis-Charles
Gender, Age: Female, 31 Gender, Age: Female, 31
Risk Status: Preferred Non Smoker

General Information All rider benefits have requirements, limitations, and exclusions which are
explained in the policy contract.

Total Disability The company will waive the payment of the premium, while the life insured is
Waiver of Premium totally disabled, as defined in the policy contract. The life insured must be
totally disabled for six consecutive months to qualify for this benefit.

COVERAGE WILL TERMINATE ON THE EARLIEST OF THE POLICY

ANNIVERSARY NEAREST THE LIFE INSURED’S 6OTH BIRTHDAY AND
THE TERMINATION DATE OF THE POLICY.

Term to Age 80 Term plans provide for payment of the sum assured on the death of the life
Band 1 insured during the term of the plan. The plans are non-participating and there
are no cash values or paid-up values. Within a period specified in the policy,
these plans can be converted into a permanent life insurance plan, without
evidence of insurability. The premium charged for the permanent plan will be
based on the age of the insured at the time of conversion.

Conversion The rider is convertible up until the policy anniversary nearest age 65.

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