overview
The Solid Investor Plan is an equity-linked insurance plan sold to individuals up to age 70 and is structured to provide insurance protection with medium to long term fund accumulation. You may contribute any premium, subject to a minimum amount determined by the Company from time to time.
additional product benefits
allocation to the fund
A percentage of each Basic Premium paid is allocated to purchase units at the offer price in the Sagicor Segregated Funds.
Sagicor Investments Fund
The Balanced Fund, the Equity Fund, the Fixed Income Fund, the Foreign Currency Fund and the Fixed Interest Fund are separate and identifiable funds investing in a variety of assets. Units in these Funds are purchased by an Initial Premium and by any subsequent Irregular Premiums. The values of the Units fluctuate with the market value of the assets in the Funds. Hence, the value of your investment in the Funds is not guaranteed in monetary terms.
- Fixed Income Fund
- Equity Fund
- Foreign Currency Indexed Fund
- Real Estate Fund
- Money Market Fund
- International Equity Fund
- Real Growth Fund
- Balanced Fund
valuation of the fund
The value of the offer and bid prices of the Units in these Funds will be determined on the same day.
encashments
You may encash units from any of the Sagicor Segregated Funds at any time less a transaction fee.
The transaction fee is subject to change from time to time.
Encashments are subject to a minimum encashment value which is subject to change from time to time. The Fund Value remaining must equal at least 50% of the amount of the Annual Premium (the amount of Basic Premium payable in the current policy year).
death benefit
The benefit payable on death in the first year is the greater of the Basic Sum Insured and the Fund Value.
maturity benefit
The Maturity Date is the policy anniversary upon which the Attained Age of the Life Insured is 75 or the 25th policy anniversary if later. The benefit payable on maturity is the Fund Value.
