Jeffrey Manola is an experienced life insurance agent and the founder of Top Quote Life Insurance. His mission when he created Top Quote Life Insurance was to provide online consumers searching for life insurance with the absolute best quotes for term life insurance, permanent life insurance, no medical exam life insurance, and burial insurance. Not only does he strive to provide you with the ...

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...

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Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: May 7, 2021

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It’s all about you. We want to help you make the right life insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

Facts You Should Know

  • Sagicor offers more affordable rates than Accordia Life and Annuity Insurance Company
  • Accordia Life and Sagicor Life Insurance Company are identically rated by A.M. Best
  • Both companies offer more than one form of life insurance coverage

There are many choices for life insurance providers out there and that can make comparison shopping tougher than it needs to be. We are going to simplify the procedure today by focusing on Accordia Life vs. Sagicor Life Insurance Company.

Our Accordia Life vs. Sagicor life insurance review will cover pricing, discounts, and company ratings. Afterward, you’ll know all you will need to.

Prior to diving into our Accordia Life vs. Sagicor review, type your ZIP code into our free and helpful tool above to find affordable life insurance quotes in your area.

Accordia Life vs. Sagicor: Which company offers more affordable rates?

There are so many criteria to analyze when comparing insurers that it’s best to focus on the most basic and important criteria: pricing.

Let’s take a look at a table now that compares Accordia Life vs. Sagicor Life Insurance quotes for men and women of various ages.

Accordia Life vs. Sagicor Average Monthly Rates by Age and Gender
Gender and Age Accordia Life Average Monthly Rates Sagicor Average Monthly Rates
Male Age: 30$16.91$12.60
Male Age: 40$23.36$17.07
Male Age: 50$56.07$43.59
Male Age: 60$128.84$103.05
Female Age: 30$15.58$10.95
Female Age: 40$20.69$15.10
Female Age: 50$40.03$36.75
Female Age: 60$89.25$63.78
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Is it easier to find affordable Accordia Life vs. Sagicor Life Insurance rates?

As you can see, for men in their 30s, 40s, 50s, and 60s, Accordia Life is the more expensive across the board.

Look at the rates for males age 60, for example, where Accordia Life is over $25 more expensive per month than Sagicor.

This tendency holds true for women in their 30s, 40s, 50s, and 60s. Take a look at the rates for women in their 60s, where Accordia Life is again about $25 more expensive per month than Sagicor.

So, our Sagicor vs. Accordia Life life insurance review comparison has shown us that more frugal shoppers certainly have a reason to buy Sagicor life insurance.

Let’s move on to the next section, where we will analyze what forms of life insurance coverage you can get from these two companies.

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Which forms of coverage do these companies offer?

Another factor that can make life insurance company comparison a bit of a headache is the fact that not only are there many companies but there are many forms of coverage as well.

This is because not every life insurance company offers the same forms of coverage as the next.

Let’s take a look at a snappy and fun video that sheds some light on the difference between various forms of life insurance.

Accordia Life has quite a few options to pick from. For instance, they offer level premium term insurance. This guarantees your premiums will hold steady throughout your chosen contract length.

They also offer universal life insurance (UL) for those who need to know that their families will receive a death benefit, but only want to pay a minimal interest rate.

Lastly, they have indexed universal life insurance (IUI). IUI differs from UL in that, for the former, the interest rate paid is dependent upon the movement of the stock market.

As far as Sagicor life insurance policies go, they offer indexed universal life, whole life, and indexed single-premium universal life.

Sagicor’s WealthCare Indexed Single Premium Universal Life has cash value growth opportunities, terminal illness protection, and a return of premium.

Lastly, both companies offer their own form of whole life insurance. But, be wary, because according to Virginia Tech, whole-life policies are not known for being flexible.

So, you have two choices for life insurance companies that offer different forms of coverage. Which coverage form looks appealing to you?

Let’s go ahead and wrap up with company ratings and see if we can have a clear winner here.

Which company is more well-reviewed?

We are now going to close out by analyzing Accordia Life and Sagicor life insurance reviews given by A.M. Best.

These are called Financial Strength Ratings (FSR) and they give people seeking coverage confidence in a given company’s ability to meet their needs.

AM Best Ratings
Life Insurance CompanyA.M. Best Rating
Accordia LifeA-
AIGA
ANICOA
AssurityA-
Banner LifeA+
Cincinnati LifeA
FidelityA-
ForestersA
Gerber LifeA
John HancockA+
Lincoln FinancialA+
MetLifeA+
Midland NationalA+
Minnesota LifeA+
Mutual of OmahaA+
NationwideA+
North American CoA+
Pacific LifeA+
PrincipalA+
ProtectiveA+
PrudentialA+
SagicorA-
SBLIA+
SymetraA
TransamericaA+
VOYAA
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As you can see, Accordia Life received a rating of “A-” (Excellent), which is the second-highest of seven rating tiers.

How did Sagicor fare in comparison? They received an identical rating of “A-.”

In short, both companies offer a variety of coverage forms to choose from and both have an identical rating? So, who won?

Sagicor Life Insurance Company has won this competition because, in comparison to Accordia Life and Annuity Company, they have consistently more affordable rates.

You now should know all you need when deciding to buy Accordia Life vs. Sagicor life insurance. Type your ZIP code into our free and helpful tool below to find affordable life insurance quotes in your area.

Frequently Asked Questions: Accordia Life vs. Sagicor

What follows are a few commonly asked questions about these two companies.

#1 – What is the Accordia Life and Annuity Company payment address?

Their address is 215 10th Street Suite 1100 Des Moines, IA 50309-3616. You can also make an Accordia Life Insurance online payment.