Sagicor No Medical Exam Life Insurance Review

Life insurance underwriting time can take anywhere from 4-6 weeks to complete and get your policy approved. Even longer for some situations. 

Most people want a quicker alternative. With regards to convenience, a medical exam is required for most life insurance policies. The medical exam will have to be scheduled at a time and place of your choice. It’s not the end of the world, but it isn’t the most convenient task. For some, getting blood drawn from a needle is terrifying and they want any option available.

Sagicor has a Non Medical term life insurance product that is quick and convenient. It’s called Sage Term and their online application can be completed in minutes. There is no medical exam or needles required.

Sage Term Non-Medical Exam Details

This product offers a death benefit from $50,000 and up to $500,000.

It is available for consumers between the ages of 18 to 65 for non tobacco users. For tobacco users there is an age limit. The benefit durations available are 10, 15, or 20-year term. Sagicor classifies Sage Term into the following health classes:

Preferred Non-Tobacco
Standard Non-Tobacco
Rated Non-Tobacco
Preferred Tobacco
Standard Tobacco

Application Questions

You must answer NO to these qualifying questions:

Do you have HIV?
Are you currently receiving health care at home or require assistance with any activities of daily living such as bathing, dressing, feeding etc.?
Are you currently confined to a hospital, nursing facility, psychiatric facility etc.?
Are you currently in a correctional facility or prison?
Is your driver’s license suspended or revoked, DUI or more than 2 moving violations in the last 24 months?
Have you been diagnosed with Alzheimer’s or Dementia, Cirrhosis, Emphysema or COPD?
Have you been advised to have diagnostic tests, surgery, or medical procedures in the last 12 months that haven’t been completed?
In the past 24 months been diagnosed or advised to have treatment for cancer, heart attack, stroke, TIA, drug or alcohol abuse?
If you were to answer YES to any of these questions, you won’t qualify for the Sage Term Non-Medical Exam product. If you answered NO, you will be able to proceed with the application. There are additional questions on the application. They won’t disqualify you, but may change your health class rating. You may have to give more information for all of the yes responses.

Final Outcome: When your application is completed and submitted by your agent, you may get an instant decision. If the final outcome is acceptable, you can purchase your policy and pay for your 1st premium.