Payment protection Peace of mind

Protect your credit card payments with optional Creditcare

Nobody knows what could be around the corner, but with our optional Creditcare cover, you could afford to relax knowing that should the unexpected happen you may not have to worry about the outstanding balance or your monthly repayments on your Sainsburys credit card.

What does Creditcare offer you?

We could cover more than your minimum repayments each month for up to 12 months in the event:

• you are unable to work for 30 consecutive days because you have suffered an accident or sickness
• you are working and become unemployed for at least 30 days (through no fault of your own)

We could also pay off your outstanding balance up to a maximum of £15,000 in the unfortunate event that you should suffer a specified critical illness or in the event of your death or if you become a full time carer for a relative (partner, parent or child). Please see the Policy Summary Document for details of the Terms, Conditions and Exclusions that apply.

Am I eligible for Creditcare?

To be eligible for Creditcare, you must be

• The principal cardholder
• Over 18 but under 65
• Living in the UK
• In paid work under a contract of employment and paying class 1 National Insurance contributions or self-employed and registered for class 2 National Insurance contributions

How much does Creditcare cost?

Credit Care costs 79p per £100 of your highest card balance each month*. If your highest balance on your credit card remains at £1000 each month then your premium will equate to £7.90 per month or £94.80 over 12 months. The premium will incur interest at your normal APR.

The minimum monthly premium payable is 79p but no premium is due if your outstanding balance is nil at your statement date regardless of the highest balance in that month.

Insurance Premium Tax is included in your monthly premium.

*your highest balance means the highest level of indebtedness to your lender under the agreement in each statement month.

	Our Terms and Conditions * (PDF 83KB)
	The Initial Disclosure Document The Policy Summary Document The statement of Demands and Needs (PDF 42KB)

You may also refer to the Association of British Insurers independent consumer guide to payment protection.

How can I apply for Creditcare?

If you already hold a Sainsburys credit card, call us on 0870 154 2543** and an agent will add it to your account. If you do not already hold one of our cards, then all you need to do is select the Creditcare option when you apply for your Sainsburys credit card online. This cover is optional and is not a condition of applying for your credit card.

If you decide to apply online for Creditcare during your online credit card application, the sale and administration of these insurance's will be undertaken by Bank of Scotland plc. Your policy will be underwritten by St. Andrew's Insurance plc. Sainsbury's Bank plc, Registered Office, 33 Holborn, London EC1N 2HT (registered in England no3279730) is authorised and regulated by the Financial Services Authority (FSA).

*You will need Adobe Acrobat to view and print this document. To download this programme for free, simply click on the icon below. Please be aware that viewing this document will launch a new browser window and it may take some time to download. To read the PDF document with a screen reader please link to the Access Adobe website which provides useful tools and resources. Adobe also has a free online conversion tool for pdfs

**Telephone calls may be recorded for security purposes and monitored under our quality control procedure.

Calls to 0870 numbers from BT land line will cost a maximum 8p per minute plus a 6p set up fee. Calls to 0845 numbers from a BT land line will cost a maximum of 4p per minute plus a 6p set up fee. The price of calls from other companies may vary. Call price correct as at 28/01/2008.

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