Sagicor Launches Digital Platform to Speed Consumers’ Purchase Process
August 22, 2017 by Jay Cooper
Add Sagicor Life Insurance to the carriers seeking to offer a simple, fast process for obtaining life insurance online. The company announced the launch of SagicorNow, a digital platform that allows consumers to get a quote and coverage within 20 minutes or less.
Sagicor is testing the platform in Florida, Texas, and Arizona, with plans to expand to other states in early 2018. Long term, Sagicor may leverage the technology so that independent agents may offer Sagicor life insurance to prospects through their own online platforms.
For now, Sagicor is targeting consumers who want coverage quickly, and want to bypass lengthy questionnaires, meeting with agents, or long waits for bloodwork or other medical tests. Consumers can receive a no-obligation quote and apply for as much as a $250,000 whole life or $500,000 term life policy.
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