Sainsbury's Life Insurance 14000 Nectar Points

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Sarah
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Sainsbury's Life Insurance 14000 Nectar Points

Postby Sarah » Sat Nov 17, 2018 2:37 am

The usual life insurance deal - take out a policy and receive an incentive after remaining an obedient customer for a minimum number of payments. In this case 14000 Nectar Points (equivalent to £70 or possibly £140 if able to double-up) awarded 60 days after 5 months of payments; so assuming that a typical £5 premium is available and allowing 7-8 months before cancellation that's approximately either £30-£35 or £100-£105 profit.

Applies to Decreasing Life plan or Over 50s plan. Insurance is provided by Legal & General.

https://www.sainsburysbank.co.uk/life-i ... ACQ_181101

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