Sainsbury's Over 50s Life Insurance.

Sainsbury's Over 50s Life Insurance Plan Review.

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 and  get a cash lump sum cash payment if you die two years after your plan starts or 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. No medical or health questions to answer when you apply and guaranteed life insurance acceptance if you're 50 to 80 years old and a UK resident. Premiums start from £5 per month and you can take out more than one plan as long as the total of all the premiums added together are not more than £50 a month. This will include any existing Legal & General Over 50s plans you may have.   A 50 year old male paying £5 per month would receive £1074 life cover while the same person paying £25 per month would get £8.883 of over 50s life cover. You should remember that Inflation may over time, reduce the value of the cash sum of your plan and that the life insurance plan has no cash-in value at any time as it is designed to pay out on your death and depending on how long you live the total premiums paid to us may be greater than the cash sum payable on death.  Sainsbury's Over 50's Life Insurance Plan is provided by Legal & General Assurance Society Limited. * If all conditions are met, your vouchers are paid once a minimum of 3 months consecutive premiums are successfully collected. If you cancel within this period your vouchers will not be paid. Sainsbury’s reserve the right to cancel any policies should they suspect you've set out to defraud them. Offer only available to new over 50s 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. Sainsbury’s may withdraw this offer at any time and the offer may be amended.