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Sainsbury’s Launches New Home Insurance Offer

04 April 2011

Sainsbury’s Home Insurance has today announced that it is launching a brand new online customer offer. New customers purchasing combined buildings and contents cover online who have a Nectar card will receive a £40 Sainsbury’s gift card to use in store.

This offer complements the existing three-way discount package which consists of a 5% online discount, a further 15% discount for buying a combined buildings and contents policy and for those with five or more claim-free years a 30% no-claims discount.  Where more than one discount applies, discounts will be applied consecutively to the reduced premium. Minimum premium applies.

New customers who purchase combined buildings and contents cover – and retain the combined cover for two years – with a Nectar card will also be able take advantage of double Nectar points on all their Sainsbury’s shopping for two years. Nectar card holders with Sainsbury’s Home Insurance who spend around £50 a week with Sainsbury’s could receive a week’s free shopping (£52) worth of Nectar points a year.

Ben Tyte, Sainsbury’s Home Insurance Manager, said: “Home insurance policies vary a great deal so it’s essential people compare them not only on price but also on the level of cover they provide. Quality cover such as unlimited buildings insurance doesn’t have to be expensive and by shopping around and taking advantage of deals such as ours, there are significant savings to be made.

“Our double Nectar offer rewards Sainsbury’s shoppers every time they shop, enabling them to save themselves a significant sum on their shopping.”

About Sainsbury’s Home Insurance:

It is competitively priced and offers an extensive range of cover and benefits.  These include:

..ends..

For further information, please contact:

Natasha Virtue
Sainsbury’s Finance
0131 338 2974

/ Ian Morris
Citigate Dewe Rogerson
020 7282 1049/1031

Notes:

Offer only available to customers with a Nectar card who buy combined buildings and contents cover online from 18th March 2011. Excludes landlord cover, buildings only cover and contents only cover. Gift card will be dispatched 60 days after the policy start date provided the policy is still held. Customers must renew both buildings and contents cover at first renewal to continue earning double points. If the policy is cancelled, double points will cease from the cancellation date. Your week’s free shopping is calculated by adding together the base points you normally earn in store/online and the bonus points awarded when you take out a qualifying Sainsbury’s Finance product. Additional terms and conditions apply.

Sainsbury’s Finance:

To view our latest press releases and product information, please visit the Sainsbury’s Finance online media centre atwww.sainsburysfinance.co.uk/media.

Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Benefiting from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance, Sainsbury’s Finance provides a range of quality products including insurances, credit cards, savings and loans. Our proposition is to make shopping more rewarding by offering customers great products at fair prices, while consistently rewarding shoppers for their loyalty and being easy to do business with at all times.  Our products consistently top Best Buy tables and regularly win awards for quality, price and service.

Sainsbury’s Finance recent awards include Best Overall Online Provider, Best Direct Personal Loans Provider, Best Online Credit Card Provider, Best Online Life Insurance Provider, Your Money 2010.

Sainsbury’s Finance is a joint venture between J.Sainsbury plc and Lloyds Banking Group.

For further information and general Sainsbury’s Finance enquiries customers can call the Freephone number on 0500 40 50 60 or visit www.sainsburysfinance.co.uk

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