Sainsbury’s

Plan for the future

Sainsbury's Over 50s Fixed Life Insurance Plan, provided by Legal & General, offers you a simple way to plan for the future by paying out a cash lump sum on your death. The money could be used to help with funeral costs, outstanding bills or as a nest egg for your grandchildren.

If you're a Nectar card holder and apply by 9th April 2012, we'll welcome you with a £50 Sainsbury's gift card. If your partner applies with their own Nectar card, we'll give them a £50 gift card too*.

What do you get?

• Cover from £5 per month
• Guaranteed acceptance if you're a UK resident aged 50 to 80
• No medical or health assessment when you apply
• Choose the level of cover or premium that suits you - view our rate table, (PDF 211KB)
• Premiums will never go up once you've taken out cover
• After 2 years we'll pay a cash lump sum if you die, regardless of the cause of death
• You'll stop paying premiums at 90, but cover continues for the rest of your life.

Things you need to know

• We'll refund all premiums paid if you die from any cause except an accident within the first 2 years
• The full cash lump sum will be paid if you die as a result of an accident within the first 2 years (terms and conditions apply)
• Depending on how long you live, you may pay in more than the cash lump sum paid out
• If you stop paying premiums when they are due the plan will be cancelled and you won't get anything back.
• Inflation may reduce the value of the cash lump sum in the future
• Please remember this is not a savings or investment product, and has no cash value until a valid claim is made

  
Please read our privacy statement before proceeding.
 
Please also ensure that you have read the policy summary document before you apply. This is an important document which you must read, to make sure the policy meets your needs.
 
Please note, you alone are responsible for deciding whether this plan meets your needs.

To apply by phone please call 0800 197 3373 quoting reference SBOVER50 or you can download a paper application form. Lines are open 8am-8pm Monday-Friday, 9am-5pm Saturday. Calls may monitored and recorded.

Telephone calls may be recorded and monitored. Lines are open 8am-8pm Monday to Friday and 9am-5pm Saturday.

*Take out Sainsbury’s Over 50s Fixed Life Insurance Plan up to and including 9th April 2012 and receive a £50 Sainsbury’s gift card when you provide your Nectar card details. Each customer requires their own Nectar card to take advantage of this offer. Nectar card details must be provided at point of sale. Gift cards will not be issued retrospectively. If all conditions are met, we will aim to send the gift card after collecting your first 4 monthly consecutive premiums. Please allow time for delivery. If you cancel within this period your gift card will not be issued. We reserve the right to cancel any policies should we suspect you've set out to defraud us. Offer only available to new Over 50s Fixed Life Insurance customers, limited to 1 application per customer and cannot be exchanged for cash or used in conjunction with any other offer, promotion or coupon. We may withdraw this offer at any time and the offer may be amended. Employees of Legal & General cannot take advantage of this offer.

Sainsbury's Supermarket Ltd is an appointed representative of 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). Sainsbury's Over 50's Fixed Life Insurance Plan is provided by Legal & General Assurance Society Limited (registered in England, no. 166055).

Legal & General do not provide advice or personal recommendations on this product. If you are unsure of the suitability of this product for your needs, please contact your financial adviser.

A simple way to help plan for the future

Giving your family a helping hand towards your funeral costs could be taken care of simply with Sainsbury's Over 50s Life Insurance plan.

• Enjoy cover for the whole of your life
• Cash lump sum cash payment if you die two years after your plan starts
• Full refund of all premiums if you die from any cause except an accident within the first two years
• Full cash lump sum cash payment if you die as a result of an accident within the first two years. Subject to terms and conditions.
• Make no more payments once you reach 90 but enjoy cover for the rest of your life
• You choose how much cover to have based on the rate table, (PDF 211KB) or choose from a number of set premiums to suit your gender and age

Make sure you're eligible for the cash lump sum

There are some cases where the cash lump sum will not be paid out. You can find out more about this in the policy summary (PDF 58KB).

You should also know

• The maximum combined premium you can pay is £50 a month

To help you choose an amount of cover, based on the premium you can afford, please see the rate table (PDF 113 KB).

To apply by phone please call 0800 197 3373 quoting reference SBOVER50.

Calls may be recorded and monitored. Lines are open 8am-8pm Monday to Friday and 9am -5pm Saturday.

Sainsbury's Supermarket Ltd is an appointed representative of Sainsbury's Bank plc.

Sainsbury's Bank plc provide information to allow you to choose our Insurance and will pass your call, name or application to the appropriate partner. 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). Sainsbury's Over 50s Life Insurance is provided by Legal & General Assurance Society Limited (registered in England, no. 166055).

Legal & General do not provide advice or personal recommendations on this product. If you are unsure of the suitability of this product for your needs, please contact your financial adviser.

See the policy summary online

You can download and print the policy summary with Adobe Acrobat.  Get Adobe Reader.

To read the policy document with a screen reader, visit the Access Adobe website. Or use Adobe’s online conversion tool for pdfs.

Policy terms and conditions

It is important you read the policy summary:
  
Policy summary document Sainsburys Over 50s Life Insurance Plan (PDF 58KB)
 
Sainsbury's Over 50s Life Insurance Plan is provided by:
Legal & General

You choose how much cover to have based on the rate table (PDF 211KB), or choose from a number of set premiums to suit your gender and age.

 
Want to find out more about Sainsbury's Over 50s Life Insurance Plan? Why not give us a call or alternatively, send us an email.

Sainsbury's Over 50s Life Insurance Plan is provided by
Legal & General.

Who to call

for an instant quote or to arrange cover

0800 197 3373 8am-8pm, Mon-Fri 9am-5pm, Sat

 

You choose how much cover to have based on the rate table (PDF 113KB), or choose from a number of set premiums to suit your gender and age.

Telephone calls may be recorded and monitored

Sainsbury's Over 50s Life Insurance Plan terms and conditions

Please read the policy summary (PDF 58KB), full terms and conditions will be sent shortly after you have applied.

You'll also receive the cancellation notice within 7-10 working days.  The cancellation notice gives you 30 days to change your mind about starting your plan.  If you cancel within 30 days any premium you may have paid will be refunded.

Sainsbury's Over 50s Life Insurance Plan is provided by: 
Legal & General who do not provide advice or personal recommendations on this product. If you are unsure of the suitability of this product for your needs, please contact your financial adviser.

Sainsbury's Bank is a Registered Trademark of Sainsbury's Bank plc. Registered Office: 33 Holborn, London, EC1N 2HT. A company incorporated in England No. 3273730. Sainsbury's Bank plc is authorised and regulated by the Financial Services Authority (FSA).

You choose how much cover to have based on the rate table (PDF 211KB), or choose from a number of set premiums to suit your gender and age.