Sagicor GUL
- Thread starter jmarkk1
- Start date
It is quick if you use the software to upload the app. Phone interview is 15 minutes if the answers don't prompt additional questions.
What takes the longest is APS, they can be ordered depending on the answers to the questions if sent to underwriting for a review.
If answered 'no' down the board, and a clean MIB, RX and MVR then they are quick to issue.
SAGICOR is not an FE replacement and should not be sold as FE. They are serious about eliminating the lapses in the first year and the Agent will have 100% charge backs in the first 6 months and 50% in months 7-12, no matter what was earned on the premiums.
The GUL is hard to beat on price and guarantees. You may contact me for contracting.
- Thread starter
- #3
- 26,177
They have a rated class.
You said that MOO's GUL simplified is probably better for 65+ and Sagicor is for younger people, correct?
Traditionally Sagicor Rates have been great for under 65. I have seen that they are very competitive 65-70 with women. I would have to quote MOO and Sagicor Side by Side to be sure.
Just wrote a 65 FSmk with Sagicor for $50k and it was 30% less than Transamerica ACE (GUL). Did not Quote against MOO because Sagicor is strong with Smokers.
