SEPTEMBER 2023 | THE SAGICOR MINUTE
THE SAGICOR MINUTE
This month, we’re highlighting our MYGA rate increase, an updated case study, social media tools and Preparedness Month for older adults. 
SALES
WealthCare for legacy planning & asset control 

Changes to tax rates and rules can be a challenge for clients who want to pass on assets. If tax efficiency is a top concern, share this case study to explain the key advantages of WealthCare Indexed Single Premium Universal Life Insurance (WealthCare) including: 
✔ Principal protection. 
✔ Transparent interest crediting strategies linked to the performance of the S&P 500® Index and three iShares® ETFs from BlackRock. 
✔ An Accelerated Death Benefit, which pays a portion of the death benefit, tax free, if clients become chronically or terminally ill and need care.1, 2, 3, 4, 5 
✔ Tax-deferred growth opportunities and a tax-free inheritance for beneficiaries. 
RATES
Rate boost: Earn up to 5.05% with Milestone MYGA 

On August 17, 2023, we raised the interest crediting rates on our
3-, 4- and 5-year Milestone Multi-Year Guaranteed Single Premium Deferred Annuity (Milestone MYGA). Remember, eApps reduce cycle times by up to 10 business days and pay .50% higher commissions than paper apps.

NEW National Milestone MYGA rates
TIPS & TRICKS
Social media best practices 

If you’re not following us on LinkedIn, Facebook, Instagram and Twitter/X, you’re missing out on shareable content you can use to build your online presence and connect with clients. You’ll find posts about our Company and our products, the history of our industry, wellness advice and more. For helpful tips on ways to grow your online audience, check out this article from the experts at HootSuite, The 2023 Guide to Insurance Social Media Marketing. 
DID YOU KNOW
September is Preparedness Month 

This year, the Federal Emergency Management Agency (FEMA) will focus on the needs of older Americans during its annual Preparedness Month. It’s a great time to talk to clients about how they’ll manage the financial impact of emergencies, like the need for care.  
 
Share our Chronic Illness White Paper to educate clients on the likelihood of needing care, their options, the cost of care and funding options. Then, use our Basic Care Planning Checklist or FEMA’s detailed Emergency Financial First Aid Kit to help clients organize information and document their care preferences.
For more information, please call the Producer Resource Center at
888-724-4267, ext. 4680.

Visit us online at SagicorProducer.com.


1Not all rate classes of WealthCare will be eligible for chronic illness protection. 
2Not long-term care insurance. 
3Chronic illness protection is not available in CA. 
4The amount received will be less any withdrawals, indebtedness, and benefit payments. 
5This assumes the insured is the policyowner and that the amount of benefit collected is less than the per diem or actual expenses, whichever is greater. 
6Years referenced are contract year terms. Interest rates current as of August 17, 2023. Current rates are subject to change at any time and at the discretion of Sagicor Life Insurance Company. 
7Milestone MYGA’s Guaranteed Minimum Interest Rate, following the Initial Guaranteed Interest Rate, is currently 1.25%.

 
iShares® and BlackRock®, and the corresponding logos, are registered trademarks of BlackRock, Inc. and its affiliates (“BlackRock”) and are used under license. BlackRock has licensed certain trademarks and trade names of BlackRock to Sagicor Life Insurance Company for certain purposes. Sagicor Life Insurance Company’s products and services are not sponsored, endorsed, sold, or promoted by BlackRock, and purchasers of such products do not acquire any interest in the iShares MSCI EAFE ETF, the iShares MSCI Emerging Markets ETF, or the iShares ESG Aware MSCI USA ETF, nor enter into any relationship of any kind with BlackRock. BlackRock makes no representations or warranties, express or implied, to the owners of any products offered by Sagicor Life Insurance Company or any member of the public regarding the advisability of purchasing any product or service offered by Sagicor Life Insurance Company. BlackRock has no obligation or liability for any errors, omissions, interruptions or use of the iShares ETFs or any data related thereto, or in connection with the operation, marketing, trading or sale of any Sagicor Life Insurance Company product or service offered by Sagicor Life Insurance Company. 
 
For more information about iShares, see ishares.com. 
 
The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Sagicor Life Insurance Company (Sagicor). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Sagicor. Sagicor’s product(s) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index. 
 
Your clients do not participate in the performance of any securities investment. Credited interest, if any, is limited by the application of interest rate caps and participation rates. Indexes are unmanaged and index returns do not reflect dividends. Your clients do not receive index or iShares returns. 
 
Products issued by Sagicor Life Insurance Company. Home Office: Scottsdale, AZ. Products not available in all states, and state variations may apply. Sagicor does not provide tax or estate planning advice. Your client(s) should consult with their tax advisor(s). Annuities and life insurance products have limitations and restrictions, including surrender charges. Sagicor issues other fixed annuities and life insurance products with similar features, benefits, limitations and restrictions. Contact Sagicor for more information. Policy Forms: ICC191021, 1021CA, 1021FL, 1021, and 1021ND. Contract Forms: ICC173008, 3008CA, 3008FL, 3008, and 3008ND. Rider Forms: ICC176068, 6068, 6068ND, ICC196070, 6070, ICC196073, and 6073. 
 
Sagicor is rated “A-” (Excellent) by A.M. Best Company (4th best out of 16 possible ratings), affirmed as of November 4, 2021. Rating and guarantees based on the claims-paying ability of Sagicor Life Insurance Company. 

Insurance Professional Only. No Public Distribution.

SMN-2309 | September 6, 2023