Total woman plan set to delight owners
Published:Sunday | May 22, 2016 | 12:00 AMJanelle Oswald
A new insurance policy - Total Woman Plan - exclusively for females has been launched by the Sagicor Group.
Dubbed a "revolutionary product", it is being applauded for exclusively catering to the unique needs of women.
Excited about the future, Sagicor's multi-award-winning financial and investment advisor Loeri Robinson told The Gleaner, "The first time I learnt about The Total Woman Plan, I thought, finally, a plan that intricately caters to every stage of a woman's life like no other has arrived."
Robinson, who recently collected five awards at the annual Sagicor Corporate Awards, added, "Sagicor undeniably has to be applauded for how innovatively they are supporting women. As a company, they care about the welfare of Jamaican women and have demonstrated this by creating such a unique plan."
Well-received plan
Robinson, who is currently the record holder for the highest analysed premium income (API) for Sagicor in 2015, is also the executive club president and chairman of the Production Club. She said the Total Woman Plan has been well-received so far. "Every woman I have spoken to, expresses joy at how amazing it is and regard it as a 'one-stop shop' for every stage of a woman's life that can be can be tailored to individual specific needs and affordability."
Catering to today's modern woman between 18-65 years, the plan provides up to $20 million coverage, offers different designs for every stage of women's lives, and covers not only the main critical illnesses, but also specific female illnesses or conditions.
Four plans are available: critical illness; life insurance coverage; pregnancy complication; and newborn benefits and investment.
Public Relations Manager Suzette Shaw Reid added, "Women, at all stages, require protection from the eventualities life brings and must take the necessary steps to ensure they are always covered. This hybrid plan for women covers 15 critical illnesses, eight of which are unique. Additional special features include an optional benefit, which covers 12 pregnancy complications that could occur during and after pregnancy for the newborn, and it also provides long-term equity-linked investments all at the same time.
Continuing, she added, "The costs, for example, of an unplanned Caesarian section or a child born with congenital heart disease could see a mother spending exorbitant amounts for health care. Having this plan in place would remove some of that pressure and bring peace of mind for women."