Sainsburys Bank : Decreasing Term Assurance

Product profile

Description

• Pays out a guaranteed cash sum if you die or get a terminal illness during the policy term

• For protecting a repayment mortgage

For

Aged 18 plus

Not covered

Terminal illness in last 18 months of term

Period of cover

• Minimum 5 years

• Maximum 40 years

• Cover ends age 70 unless term less than  ten years 

Benefits

• You choose the amount

• Decreasing  benefit basis

• Life cover

• Terminal illness

• Guaranteed premium

• Guarantee insurability option

• Non-smoker discount

• Smooth Move rescue service

Options

•  Waiver of premium