Sagicor Stuff
This is the opening hours for Sagicor Offices not in New Kingston
8:30 AM- 4:00 PM
This is the minimum number of years you have to work before you are entitled to employer’s portion of a pension plan
5
The four (4) types of Life Insurance policies sold by Sagicor Life
Ordinary (whole Life) Policy
Coupon Policy
Investment Policy
Term Insurance
The meaning of a Policy Insured
Someone whose life is covered by an insurance company (Sagicor).
This was the Name Sagicor used to go by before 2008?
Life of Jamaica
These are the pension products currently offered by Sagicor
Superannuation and Approve Retirement Scheme (ARS)
The categories that policies with APIP may be grouped into.
Equity Linked and Interest Sensitive
The meaning of Sum Insured
The amount stated on the face of the policy that will be paid in case of death or at the maturity of the policy
So there are more than 6 Sagicor Life offices. Name the locations
Barbados Avenue, Halborn Road, Winchester Business Centre, Spanish Town, Savanna-la-mar, Ocho Rios, Mandeville, Montego Bay
These are the colors that you would see on the Monthly Pension Sheet
Green, Grey, Orange
Reinstatement period for coupon policies
180 days or 6 months from the lapse date
The meaning of Policy Shortage
The instance where the mortality charges/ administrative fees are more than the regular premiums are able to cover
This was the premier product sold by Life of Jamaica before it went Sagicor Ultra?
Universal Life Policy
This should be the person you call if you need a password reset if you have an ARS pension plan
Oshane Dixon
These are four (4) differences between a Coupon and a Whole Life Policy
Medical versus Non- Medical
Whole Life (100) versus 75 , 20-25 years
Cash Value versus No cash value
Assignable versus Non- Assignable
Periodic review versus non- periodic review
The meaning of Settle Reversal
The process of refunding a policy application within 10 days upon receipt of the
contractual terms.
The states that you would find Sagicor Life in the US
Florida and Arizona
Oh no I did not receive my pension this month. Guess I need to call and ask to speak to __or _ at Sagicor?
Deneille Smith, Deneille Radcliff, Bobby-Ann Campbell
The benefits from a Total Woman Plan
Critical Illness, Life Insurance, Preg Comp, New-born Benefits, Investments
The meaning of Increasing Death Benefits
The death benefits where the beneficiary will receive the sum of the sum insured and the fund value less any charges