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Sainsbury's Bank launches new home insurance package

22 March 2006
Sainsbury's Bank has this week launched a new range of home insurance policies, which offer a variety of extra benefits at a highly competitive price.

Amongst the new features being offered by Sainsbury's Bank are specified items cover for higher value possessions worth up to £15,000, cover for properties built before 1850, up to £5,000 worth of student cover, and a new separate policy for buy-to-let landlords.

In addition, the bank is offering a 10 per cent discount for online purchases, a five per cent discount for combined building and contents cover, and other individualised discounts relating to security features.

Combined with the opportunity to protect one's no claims discount, Consumer Intelligence reported late last year that Sainsbury's Bank can save homeowners as much as £155 on their current premiums.

Karen Preston, home insurance manager at Sainsbury's Bank, declared: "Our policy remains one of the best in the market in terms of value-for-money and benefits and the new product provides customers with an even wider range of cover."

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