Life Insurance

Provided by Legal & General


expanded Sainsbury's Life Insurance

Sainsbury's Life Insurance


Available offer

  • £70 worth of Nectar Points for new customers*
  • Double Nectar points at Sainsbury's for 2 years†

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Life Insurance

A straightforward way to help provide a financial safety net for your family if you die during the term.

Decreasing Life Insurance

Decreasing Life Insurance has one clear objective - to help pay off your outstanding mortgage if you die during the term.

Over 50s Life Insurance

A simple way to help towards your funeral costs, outstanding bills or to leave a cash lump sum for your loved ones when you die.

Critical Illness Cover - Additional Cover

Life Insurance policy or a Decreasing Life Insurance policy for added peace of mind.

Parent Free Life Cover

£15,000 of free life cover for parents that lasts for 12 months from the date you take it out.

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Existing customers

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*The £70 worth of Nectar points offer is an introductory offer available to customers who purchase direct from Sainsbury’s Bank’s website or by phone a new Sainsbury's Bank Life Insurance plan, Decreasing Life Insurance plan (with or without Critical Illness) or Over 50s Life Insurance plan from 16 February 2017. 14,000 Nectar points, the equivalent of £70, will be automatically credited to your Nectar account after you have paid five months’ premiums, as long as your plan is still in force and no premiums are outstanding.

One set of Nectar points per plan sold, limited to two per household in a 12 month period. Legal & General reserves the right to cancel any plans should they suspect fraud or misconduct. Sainsbury's Bank reserves the right to withdraw or amend this offer at any time, without notice. No cash alternative available.

You need to tell us your Nectar card number when you apply. The Nectar loyalty programme is run by Aimia Coalition Loyalty UK Ltd. The Nectar Collector Rules detail how to collect and use points. You can find these in the Nectar registration pack and at nectar.com.
†Double Nectar Points 1. Offer only available to customers who buy a new Life Insurance, Decreasing Life Insurance (with or without Critical Illness) or Over 50s Life Insurance direct from Sainsbury’s Bank 2. You must continue to pay policy premiums for two years to continue collecting double points. 3. If the policy is cancelled, double points stop from the cancellation date. 4. Only the first Life Insurance, Decreasing Life Insurance (with or without Critical Illness) or Over 50s Life Insurance insurance policy registered against each Nectar account will qualify for double points.5. You collect base points when you shop as normal. Then, by the 10th of each month, we’ll give you a bonus equal to the total of the base points you collected the previous month while you held the policy, up to a maximum of 1,250 points. We’ll do this for up to 24 months from the start date of your policy. We won’t double any bonus points, any points from other offers, or points from Sainsbury’s Energy, Telecoms, Bank and all other Sainsbury’s services. 6. The monthly bonus will only be calculated on, and credited to the Nectar card nominated at the time of application. The nominated card must also be used at the time of each Sainsbury's purchase and points will not be allocated retrospectively. 7. Nectar points are awarded to you by Sainsbury's Supermarkets Ltd. The Nectar loyalty programme is run by Aimia Coalition Loyalty UK Ltd. The Nectar Collector Rules detail how to collect and use points. You can find these in the Nectar registration pack and at nectar.com 8. Sainsbury's Bank reserves the right to alter, cancel or withdraw the offer without prior notice 9. No cash alternative available.

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