Protective vs Sagicor Life Insurance

  • YEAR FOUNDED
    1907
  • CURRENT CEO
    John D. Johns
  • AVAILABLE
    All 50 States
  • ADDRESS
    111 Congresional Blvd., Suite 500 Carmel, IN 46032
  • TOP AWARDS

    2010 Optimas Award from Workforce Management Magazine

  • PROS
    • Financially sound.
    • Competitive, comprehensive rates.
    • Flexible health guidelines.
  • CONS
    • Approval can take awhile.
    • Low tolerance for smoking.
  • YEAR FOUNDED
    1954
  • CURRENT CEO
    Richard Owen Byles
  • AVAILABLE
    45 States
  • ADDRESS
    4343 North Scottsdale Road Suite 300 Scottsdale, AZ 85251
  • TOP AWARDS

    2016 Celent Model Insurer Winner (Digital and OmniChannel Technologies)

  • PROS
    • Easy to use application platform.
    • You can purchase life insurance in about 30 minutes without talking to an agent.
    • Provides high-value 10 / 15 / 20 year term life insurance & whole life insurance.
  • CONS
    • Not eligible if you are age 65 or older.
    • A medical exam may still be required.
    • 30 year term life insurance and guaranteed universal life are NOT available.
SOURCEProtectiveSagicor
JD Power774N/A
BBBA+A+
AM BestA+A-
Moody'sA1N/A
FitchA+N/A
Standard & PoorAA-N/A
Comdex Score92N/A
SOURCEProtectiveSagicor
Total Assets$75 Billion USD (2016)$6.8 billion
Life Insurance in Force$767.3 Billion$238.695 billion
ProtectiveSagicor
Term Life InsuranceSage Term Life Insurance
Whole Life InsuranceSage No Lapse Universal Life (NLUL)
Universal Life InsuranceSagicor’s Fixed Indexed Universal Life (FIUL)
Variable Universal Life InsuranceFixed Indexed Single Premium Whole Life (FISPWL)
Indexed Universal Life InsuranceSage Whole Life (SWL)
Survivorship Universal Life InsuranceInterest Sensitive Single Premium Whole Life (ISSPWL)
Life Insurance for Children
ProtectiveSagicor
Protective Custom Choice UL Sage Term Life Insurance
Protective Advantage Choice ULSage No Lapse Universal Life (NLUL)
Protective Classic Choice TermSagicor’s Fixed Indexed Universal Life (FIUL)
Protective One Year Term Fixed Indexed Single Premium Whole Life (FISPWL)
ProClassic II Sage Whole Life (SWL)
ProClassic LegacyInterest Sensitive Single Premium Whole Life (ISSPWL)
Protective Classic Choice Term
Investors Choice VUL
Strategic Objective VUL
Survivorship Term
Survior UL
Protective Whole Life
ProtectiveSagicor
Accidental death benefit riderAccelerated Benefit Insurance Rider
Accelerated death benefit riderChildren’s Term Rider
Waiver of premium riderAccidental Death Benefit Rider
Disability income riderWaiver of Premium Rider
Guaranteed insurability rider
Term insurance rider
Children’s term rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
Disclaimer: We make every attempt to make sure our information is up to date, but since things change often it is best to double check the data. This review is an opinion. Clicking on links may result in NoExam.com being compensated.