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Sainsburys Life UK Insurance
Sainsburys Bank offers three types of life covers. These life covers can be used to protect you or your loved ones. Choose level life, mortgage term, and mortgage decreasing term insurance covers. Additional covers can be added and these include critical illness cover and waiver of premium.Level term life insurance pays out a one-time cash sum when a Sainsbury policyholder has passed away during the term of their policy. The payout varies, and depends on the amount you specify, as does the duration of the term.
Mortgage protection is designed to cover for a Sainsbury policyholder's home investment. The policyholder can either opt for a decreasing term or a level term. Those that chose a decreasing term have their mortgage protection cover structured to decline in coverage as the mortgage payments are slowly paid off. This can be a cost effective way of protecting your house payments.
Sainsbury also provides a critical illness cover and an Over 50s Fixed Life Insurance Plan. Consider these protection options if you fit these demographics.
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Sainsburysbank.co.uk did mention on their website that their policy starts from £5 a month, our guess is this depends on the circumstance the applicant is in, please apply here and apply on their website to compare the difference, if our quote is much cheaper you just save yourself some money, with very little effort.
Insurance Source Premium* Natwest £9.80 with LifeCoverCoach.com £5.00 LV= £6.17 Bupa £8.00 *The figures above are based upon this configuration: 30 years of age, Female, £100,000 life insurance only, non smoker, normal health conditions, 25 year level term, and guaranteed basis. (this info is correct as at September 2009)
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May 19, 2012