Sagicor - Is Their NLUL Truely Guaranteed?

[BibH]

If i'm not mistaken Anico's non med Gul only qualify's for nonsmoker and not preferred n/s like Sagicor. The difference in premium is 30% plus. Sagicor does nonmed to $400k and Anico only does $250k. With Sagicor its easy to get 110% on the Gul vs Anico's paltry 80%.

 

[GalvIns]

If i'm not mistaken Anico's non med Gul only qualify's for nonsmoker and not preferred n/s like Sagicor. The difference in premium is 30% plus. Sagicor does nonmed to $400k and Anico only does $250k. With Sagicor its easy to get 110% on the Gul vs Anico's paltry 80%.

Anybody with a face amount under 250k gets put into expressed underwriting which is only Scrip/MIB. Anything above is full underwriting but is eligible for preferred.

As for true non-med, it depends on age and face amount. For example, a 65 y/o at $49,999 is non-med.

You're right, the 250k on express is definitely lower than I like. The industry seems to be heading towards higher face amounts on express. ANICO will follow suit eventually.