If in the future you can't work through accident, illness or involuntary redundancy the last thing you'll want to worry about is meeting your loan repayments. That's where our payment protection comes into its own. It's a small simple precaution that could take a big weight off your mind. For a small extra repayment each month your loan payments will be covered should the unexpected happen
what does payment protection cover?
There are 3 different levels of cover to suit your individual needs.
 |
|
Life
|
|
|
|
|
|
Accident & Sickness**
|
|
|
|
|
|
Unemployment (if self employed)**
|
|
|
|
|
|
Critical Illness
|
|
|
|
 |
|
 |
| **In each of these situations, your repayments could be covered for up to 12 months or until you return to work, whichever is sooner. |
when do I pay for payment protection?
A small additional payment will be included in your monthly loan payment. You can choose the level of cover to match your needs.
how would I make a claim?
Making a claim is easy, simply call the claims line and we will be able to tell you right away if your claim is covered.
who arranges payment protection?
Sainsbury's Bank plc introduce to The Governor and Company of Bank of Scotland for sale of Creditcare. Creditcare is underwritten by St Andrew's Life Assurance plc (Registered No 3104670) (England) and St Andrew's Insurance plc (Registered No 3104671) (England) ("the Companies"), St Andrew's House, Portsmouth Road, Esher, Surrey, KT10 9SA. United Kingdom law allows parties to choose the law applicable to a contract. The contract will be subject to the law applicable to the region of the United Kingdom in which you reside. The Financial Services Compensation Scheme may assist you if the Companies, in some circumstances, are unable to meet their liability to you. Details are available on request. Sainsbury's Bank plc, St Andrew's Life Assurance plc and St Andrew's Insurance plc are connected companies as the ultimate parent company of St Andrew's Life Assurance plc and St Andrew's Insurance plc also has shares in Sainsbury's Bank plc.
Sainsbury's Bank plc, registered Office, 33 Holborn, London, EC1N 2HT (registered in England,no.3279730) is authorised and regulated by the Financial Services Authority (FSA).
*Telephone calls may be recorded for security purposes and monitored under our quality control procedures.
|
