In an ever-expanding world of financial services, the supermarket giant Sainsburys are now offering life insurance policies that help protect both your family and your mortgage .
With life insurance cover being a reassurance at different times of life, such as having a child or buying a new house, more people are seeking the most suitable deal for them, and can pick and choose the most competitive deal.
The life insurance policy from Sainsbury’s provides cover from Legal and General, and starts at only GBP5 per month, depending on individual needs and circumstances and the price of the premium you want to pay. The cover also includes GBP50 of Sainsbury's vouchers and 1,000 Nectar points if you take out a policy by the end of this month, although the offer is restricted to Nectar cardholders only.
Policyholders can also change the level of cover, as it suits them, with fixed monthly payments if the same amount of cover is maintained.
There are a couple of options for the life insurance cover, either level or decreasing term insurance . They pay out a lump sum upon death or a diagnosis of terminal illness during the policy term. The terminal illness cover is included as standard for policies with a term of two years or more.
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A 1,000 nectar points for taking out a Sainsbury’s life insurance option? SOLD!
Seriously, it’s best not to be taken in by, what are really stupid gimmicks and prizes for something so important and before the end of the month as well? With life insurance you should take your time, shop around for the best deal that suits your needs and offers the best cover.
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