There are several financial protection policies to consider, but one that is often overlooked is Critical illness cover. The importance of this cover however is only felt when such health condition happens to one of our loved ones. The financial pressure of such times can be only catered by critical illness cover. With Sainsbury’s Bank Critical Illness Cover, you will enjoy the peace of mind and will be covered for up to 39 critical illnesses that could affect your work and life.
Sainsbury’s bank critical illness cover searches the whole of UK insurance industry for you to find the most appropriate deal for you. The company offers the flexibility to build your own protection package. The combination includes
1) Life and Critical illness lump sum cover - This plan offers a lump sum cash pay-out if the Insured is diagnosed with one of those 39 itemized critical illness during the tenure of the policy. This sum could help towards repaying the mortgage, paying off medical bills or simply maintaining your family’s lifestyle.
2) Income cover up to 50% of taxable gross of your monthly salary - This plan offers monthly fixed amount when the Insured is diagnosed with specified critical ailment which is decided upon viewing your monthly income.If you are a Nectar card holder then you are eligible for 10% discount on the policy you pick. This cover includes both Life insurance and critical illness cover. It also covers your children at no extra cost. The other options available with this plan are Waiver benefit, Joint critical illness policy, Accidental death benefit and Total and permanent disability cover. The changes of plan, personal details and claims are handled through their customer care centre or you can do the process online. The Sainsbury’s Bank Insurance company has designed the cover to tackle the illness which could severely affect your lifestyle.
| |