Sainsburys Life Insurance offer
Sainsburys currently has a life insurance offer that could add up to a week’s free supermarket shopping for those of you that have a nectar card.
Sainsbury’s has announced that it will be offering new Life Insurance customers the opportunity to earn double Nectar points for two years. This promotion will apply to Sainsbury’s purchases made in-store, via the website and at petrol filling stations when customers use their Nectar card.
Sainsbury’s says that with this offer customers could receive the equivalent of up to 2% off their shopping, providing they use their Nectar card. This would mean that if a customer were to spend £49 per week at Sainsbury’s, they would earn the equivalent of a week’s free shopping over the course of a year.
The head of Sainsbury’s Life Insurance, Helen Williams said that Sainsbury’s is “delighted” to be extending the Double Nectar points incentive to Life Insurance customers.
She also placed emphasis on the importance of holding a life insurance policy, stating that “the peace of mind that comes with knowing that you’ve protected your family financially is invaluable so we’d encourage anyone who either doesn’t already have life insurance, or whose circumstances may have changed, to consider their own life cover.
Other life insurance companies offering rewards and vouchers to get you to sign up are Legal and General, Asda and Virgin.
Aviva to cut its Irish workforce by half
Some bad news has come out this morning, Aviva plan to axe half its workforce based in Ireland by half, over the next 2 and a half years. Around 950 redundancies will take place and these are expected to take place in March 2012.
The CEO of Aviva Europe said,
“We appreciate that there will be a period of uncertainty for our people over the next few months as the proposals are explored further, and we’ll make every effort to support them during the consultation period and beyond.
The proposed changes to our regional operations will deliver a stronger, leaner business, at the heart of which is a firm focus on meeting our customers’ needs.”
Aviva provides a large number of insurance products such as life and house insurance for more than 32 million clients in the UK and 12 other countries in Europe.
Home Insurance on the rise
Over the last 3 months home building insurance has increased to its highest rate ever according to research by the AA British Insurance Premium Index.
In the UK the average cost of contents insurance is £77.21 a rise of close to 6 percent over the last year. For buildings and contents insurance the average cost is £205.55 and increase of 5.7 percent over the last year/12 months.
Check my earlier posts to see what offers current house insurance companies are offering.
Scottish Friendly over 50 life insurance
Scottish Friendly over 50 life insurance is the first choice for many people who want money to be paid out when they die to cover funeral expenses, to clear the mortgage or just to pay off bills for their loved ones.
It costs from £8.00 a month. The more you pay per month the higher the pay out rate and if you are over 50 you get guaranteed acceptance.
What I like with Scottish Friendly is that if you die from natural causes within 2 years of starting the policy your money is refunded to loved ones and if you die from accidental causes within 2 years then your full life insurance will be paid out. The Scottish Friendly website gives clearly just how much will be paid out on your death if you pay £8.00 a month and upwards.
Find out more by clicking on the advert.
Home Insurance shopping vouchers
The following companies are offering home insurance shopping vouchers when you take out building or contents insurance with them.
Sainsbury are offering a £30 shopping voucher, double nectar points on fuel and shopping for 2 years. The shopping voucher card is posted to you after you have held your home insurance policy for 60 days. This is to stop you from taking out the policy, pocketing the vouchers and then cancelling the policy. Remember with any insurance policy you take you you can cancel within a period of time in case you change your mind.
We took out building insurance this year on an apartment only to find out our service/ground rent charge already covered building insurance. So a couple of weeks later we cancelled the policy and got a refund.
Through Quidco there are lots of house insurance cash back offers from companies such as LV, Legal and General and Sainsbury. Sainsburys is showing up as offering an £80 cash back on Quidco. Quidco is free to join but I haven’t tried it myself as I’m still based in Spain and the offers are UK based.
Has anyone tried Quidco and saved lots of money and are these £50-80 cashback offers on house insurance genuine? Is there a catch?
Car insurance shopping voucher offers
I’ve just had a query from someone asking which car insurance companies are offering shopping vouchers? Whilst life insurance companies such as Legal and General and Sun Life Direct offer as much as £50 shopping vouchers car insurance companies tend to make offers of a percentage off your insurance premiums if you are a new client.
These are the offers that I have found though.
Sainsburys are offering clients taking out car insurance double nectar points on their shopping and fuel for 2 years. That adds up to real cash in your pocket. They also offer up to 15 percent off your car insurance.
Santander are offering new clients 10 percent off.
Aviva are offering 20 percent off to new clients on their cover.
Marks and Spencer are offering new clients 1000 points when they take out car insurance.
Basically I have scanned several pages of Google looking for offers that involve real and immediate cash in your hand and whilst there are these types of offers for house insurance I can’t find anything for car insurance. The best offer seems to be those from the supermarkets. If you regularly visit one supermarket, Asda or Tesco/Sainsburys then these offer points on your store card when you take out comprehensive car insurance with them. This will add up over a year to real cash value and hopefully you will get a cheaper quote from them too.
Helpucover Sports Injury Insurance
Helpucover sports injury insurance for those of you in competitive sports or who have sports as a career and need to ensure that you have the right cover should you sustain a sports injury.
- Up to £10,000 a year for dental treatment
- A cash lump sum of up to £2,000 for a broken bone
- Up to £1,000 towards physiotherapy costs
- Up to £25 for each night you are in hospital
- Up to £750 a month Income Replacement benefit for 3 months if your injury keeps you off work long-term
- Affordable Sports Injury Insurance to help you get back on your feet
If you are a self employed personal trainer or a referee and suffer a sports injury, Helpucover sports injury insurance will make sure that you receive £750 a month for up to 3 months if you are unable to go back to work whilst you recover from your injury.
Even if you just play football or rugby regularly as a hobby you can take out this type of cover so that should you suffer from a broken arm or knee injury ( or both…) then you will have some income protection for you and your family.
Payment Protection Insurance, PPI
The FSA have released figures showing the number of complaints for payment protection insurance rose to over half a million. Barclays is the most compained about bank, followed by Lloyds TSB and Santander. Barclays found in favour of the customer in 3 percent more cases than is the average in the banking sector. The average is 50 percent.
So if you do feel you have been mis-sold payment protection insurance, perhaps Barclays bank or others told you that you needed it when they were aware that the company you worked for already supplied it etc, tell them you want your money back. You should receive your money back and some compensation as a result, if successful.
You have nothing to lose but a small amount of time…..
Firework Display Insurance
If you are hosting a firework display you should consider taking out firework insurance. Hiscox offers firework insurance and the premiums are graded according to the number of visitors.
If you have up to 100 visitors and want up to 2 million liability then the cost is £166.
If you have up to 1000 visitors and want up to 2 million liabiltiy the cost is £737. For 5 million liability the cost is £1211.
In Northern Ireland last year during the month from halloween to just after bonfire night, there were 47 cases taken to hospital with firework injuries. Of these two thirds were under 18s and almost half had injuries to the hands.
Young male drivers see car insurance premiums leap
Car insurance for young males is more expensive than car insurance for young females. On average a young male’s car insurance as a sole driver is £3878. For a woman it is £2063.
Worryingly a fifth of those surveyed said they would consider driving without car insurance.
Companies that focus on young person’s car insurance are: Only Young Drivers and Endsleigh.
Personally I wouldn’t buy a car if I was having to look at these types of costs. Nearly £4000 a year for insurance, then have the road tax on top of this as well as fuel costs. You would have to be earning a lot of money as a young person to justify these types of costs over using public transport or even a taxi. If your parents adds you to their insurance the premiums may come down to around £1000 but this is still a huge amount of money to spend per year.
I wonder how many parents out there pay for it all and then wonder why their little Jack isn’t very good at handling money and acts irresponsibly and selfishly?