Sagicor No Medical Exam Life Insurance Review


For many shoppers, there are 3 major turnoffs when buying life insurance. Time, Inconvenience and Needles. Life insurance underwriting time can take anywhere from 4-6 weeks to complete. 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 No Medical Exam Life Insurance Review

Sagicor has a great solution for all 3 of these problems.  Sagicor has a Non Medical term life insurance product that is quick and convenient. It’s called Sage Term The online application can be completed in minutes and there is no medical exam or needles required.

If you’re looking for more information on other life insurance companies, be sure to see our post on the best term life insurance companies. If you’re over 65 check out our article for No-Medical exam life insurance for seniors.

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

Sage Term Riders

Riders are simply added features to your policy that come with an additional cost.  Sage Term offers a accidental death rider. This rider will increase your policy’s death benefit if an accidental death were to occur. A waiver of premium rider is also available. If you became disabled for 6 months or more, your premiums will be waived. Now if your disability gets resolved, you will begin to pay your premiums again. A terminal illness rider is available as well. There is no charge for this rider and it’s included in your policy.  Its benefit will accelerate a percentage of your death benefit if you are diagnosed with an end of life illness.

Sage Term Conversion

If you would like to convert your term policy, you can with a permanent life insurance product that qualifies. It is convertible up to age 70.

Applying with Sagicor

Sage Term’s online application is fast and convenient.  The application takes less than 20 minutes to complete with your agent. You agent will ask you the qualifying questions, beneficiary information, and other basic details. The qualifying questions are structured to disqualify you if you have significant health or lifestyle issues.  They include:

  • 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, any DUI’s 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.

Sagicor Rates

Sagicor’s Sage Term rates are very competitive. If you were to compare them with similar Non Medical exam policies, you would see they are similar. They even compare well with several fully underwritten life insurance policies that require a medical exam.

Let’s see how Sagicor’s Sage Term compares with a major life insurance company that offers very low fully underwritten term rates.  These comparison rates are for a 40 year old; Non Smoker at a Preferred health class rating.


Fully Underwritten Term Life – Monthly Rates

Sagicor’s Sage Term Non-Medical – Monthly Rates



Fully Underwritten Term Life – Monthly Rates

Sagicor’s Sage Term Non-Medical – Annual Rates

Rates as of 5/18/16

As you can see, when purchasing Sagicor’s Sage Term, you will pay a little more. For some, it is worth paying a little more in order to get a policy quickly and conveniently without the hassle of a medical exam.

Sagicor Life

Sagicor Life may not be as popular a name as some of the more familiar life insurance companies. You may be thinking that they are some new upstart company, but they are not. The Sagicor Financial Corporation started in 1840. For the past 60 years they’ve been offering life insurance. Sagicor is strong financially and is rated A- by A.M. Best.

Life Insurance Blog

LifeInsuranceBlog is here to help answer your questions and make sure you’re getting the best rate you can qualify for.

We work with over 60 top rated life insurance companies and we’re independent.  What that means is that we work for you and not any particular life insurance company.  We help people find the best non-medical and fully underwritten policies available on the market.  We help you filter through all of these companies and locate the policy at a price that is in your budget.

Please contact us today at 888-411-1329 for a free consultation. We’ll help you understand your options and find out what is available to you.

Thank you for reading our post, Sagicor No Medical Exam Term Life Insurance Review. Please leave a comment or question below.


Share on facebook
Share on reddit
Share on twitter
Share on linkedin
Share on pinterest
Share on email
Michael Quinn

Michael Quinn

Michael is owner & life insurance expert at Life Insurance Blog where we've helped thousands of shoppers learn and secure affordable life insurance online.
Simple way to compare and buy life insurance

The Simple way to compare and buy life insurance

Leave a Comment

Your email address will not be published. Required fields are marked *