Sainsbury's Bank Mortgage Term Assurance (Mortgage Protection Plan)
Full product details for the Sainsbury's Bank Mortgage Term Assurance (Mortgage Protection Plan) life insurance policy, including application criteria, policy details, cover, funds, guaranteed insurability, premiums & fees, claims, exclusions and conditions.
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Mortgage Term Assurance (Mortgage Protection Plan)
Life Insurance Type
Level Term Life Assurance
Minimum Age
17 years
Maximum Age for New Cover
78 years
Age Cover Expires
79 years
Max Life Cover
Unlimited
Maximum Term
40 years
Maximum Child Age
17 years
Single Life Cover
yes
Joint Life First Death Cover
yes
Joint Life Cover with Seperate Benefits
no
Whole of Life Cover
no
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Available Direct
yes
This product is available direct from the provider.
Minimum Age
17 years
The minimum age at outset is 17 attained. If the policy is for someone under the age of 18 then it must be taken out in trust by someone over the age of 18.
Maximum Age for New Cover
78 years
The maximum age at entry is 78 attained.
Minimum Child Age
30 days (1 month)
To be covered, a child must be aged over 30 days and less than 18 years.
Maximum Child Age
17 years
The maximum age for children's critical illness cover is age 17 attained. Children's critical illness cover To be covered, a child must be aged over 30 days and less than 18 years.
Cover for Expats
no
Not available.
Cover for Foreign Nationals
yes
Plans are available to foreign nationals resident in the UK. Residency requirements For an EU citizen who intends to remain in the UK, applications can be considered, subject to normal underwriting rules and exclusions. Non-EU citizens will be considered if they can prove they have to right to remain in the UK indefinitely.
If they only have limited leave to remain, then the application can be considered for the duration of their stay, subject to the Legal and General minimum term applying.
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