Critical Illness provides employees with a living benefit that will pay a lump sum in the event of being diagnosed with any of the following illnesses:
  • Heart Attack
  • Stroke
  • Cancer
  • Paralysis
  • Major Burns


Employees currently covered under the employer's Group Health or Life policy. The maximum age of entry is fifty-five (55) years.


Critical Illness provides three (3) coverage levels:
  • $500,000
  • $1,000,000
  • $1,500,000


The sum insured is paid directly to the employee on the first diagnosis of one (1) of the critical illnesses stated above provided that the diagnosis does not occur during the first 180 days after the issue date.
Note that if death occurs after the employee is diagnosed but before the benefit is paid, the sum insured will be made payable to the named beneficiary.
Claims are paid within 3 - 5 working days after receipt of a letter from the attending physician confirming diagnosis of a critical illness.


Premiums are payable monthly via salary deduction and charged based on age bands. Once the employee moves into a new age band, the corresponding premium will be applied in the next policy period.
Sagicor will review the rates periodically and has the right to make adjustments at any time with new rates taking effect at the policy anniversary, once due notice of the change is given in writing by Sagicor.


The plan terminates:
  • Upon death of the employee
  • Termination of employment
  • Upon full payment of a claim
  • The employee attains sixty-five (65) years