Friday 21 September, 2018

Sagicor General going after young professionals

(L-R) Sagicor Life Chief Operating Officer and General Manager, Edward Clarke; Vice President of Underwriting, Wanda Mayers; and Vice President of Marketing and Business Development, Mark Blakely.

(L-R) Sagicor Life Chief Operating Officer and General Manager, Edward Clarke; Vice President of Underwriting, Wanda Mayers; and Vice President of Marketing and Business Development, Mark Blakely.

Sagicor General has added a 'young professionals' policy to its lineup of product offerings.

The policy, according to Vice President of Underwriting, Wanda Mayers, is specifically designed for Young Professionals between the ages of 16 and 40 who are established or are now starting out their careers or businesses.

During Wednesday's official launch, she said the product is the first of its kind in Barbados and seeks to protect policy holders, their motor vehicles, electronic devices as well as home contents.

Mayers said it offers multi faceted insurance protection to an important class of productive workers, while also addressing the need for greater personal accident protection for motorists in general.

“This new policy have some remarkable features. This type and range of cover is not currently available under one package. Policyholders would normally have to purchase three other standard policies to have this extensive range of options. However, Sagicor General Insurance Inc is making this amazing product available to both comprehensive and third party policyholders, Mayers added.

The product was hailed as another innovative plan of the company by Vice President of Marketing and Business Development, Mark Blakely.

“Sagicor General Insurance has in recent years launched a combination of innovative original insurance products and customer services, designed to better protect customer’s assets as well as make business transactions easier,” he noted.

Among them is the Small Business insurance pack in 2017, Drive Pal followed by Drive Pal+. Blakely added that the cost-effectiveness of the Young Professional Insurance policy offered other advantages, including having one convenient payment to cover many important aspects of life.