Discount life insurance from Sainsburys Bank

Fri, 25 Aug 2006

The Sainsbury’s Bank is set to offer a 5 per cent discount on its whole range of life insurance products. The news comes following recent reports of a slumping life insurance sector in desperate need of new customers.

Sainsbury’s Bank was recently honoured with being elected Your Money Best Online &Best Direct Life Insurance Provider in 2006. Policies purchased before September the 11th, assuming they are purchased online or over the phone, will be subject to a five per cent discount.

The cost of a life insurance premium depends on a variety of factors including lifestyle, age and how much cover the policyholder wants. Sainsbury’s are offering these discounts on their whole range of life insurance products.

Claire Moyles, who is the Insurance Manager at Sainsbury’s, said: "Life insurance can provide great peace of mind in the knowledge that your dependents would receive a cash lump sum if you were to die during the term of the plan. Quality cover does not have to be expensive and right now you can save an extra five per cent with us."
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