Tesco Life Insurance - 3000 clubcard points (worth upto £120) for a £15 spend!

kwt

I think I've worked it out. If your over 45 then the minimum premium is £7.50 per month.

Classy_Chick06

cambermam wrote: »

You can tell it how much you want to pay. I got it for £5 and i confessed to being a smoker. It's covered me for 79k for £5 a month.

Thanks OP

79K??? i have just taken the identical policy out and mine has only covered me for £7.530

room512

Do you not have to disclose medical information? My OH has lots of things (diabetes, asthma, mental health problems) so would this not affect his cover? Have looked at the policy details but can't find the answer!

bargainlover100

thanks op, just signed up for £5 a month, I wonder when we will get the points though I wouldnt think it would be this months statement. Anyway will be nice for early next year. Did anyone notice if it gave you an option for when the direct debit to come off? I couldnt find it. Do you think you can cancel the policy 3 months after the start date or will it have to be after the 3rd month's payment? Just wondering if I can get away with £10 outlay!

AngelsMadv

room512 wrote: »

Do you not have to disclose medical information? My OH has lots of things (diabetes, asthma, mental health problems) so would this not affect his cover? Have looked at the policy details but can't find the answer!

YEs make sure you do. This offer is very similar to the one many of us took out with Quidco and Tesco giftcard. There was a real worry when this happened and I expect it will happen hear too.

Good luck!

Looby123

can i ask a daft question? Me & hubby already have a fantastic life insurance policy each....can we take out another alongside our existing ones? Our current ones arent with Tesco, so that shouldnt be an issue,but just wondered if it was allowed? Obviously I dont plan to die in the next 3 mths,but if the worst happened, we would still want to have our current policy - i just wouldnt want it to be classed as invalid due to us opening another policy! any advice would be great!

izzy65

There is no limit on how many policies you can have on one person.

AngelsMadv

Looby123 wrote: »

can i ask a daft question? Me & hubby already have a fantastic life insurance policy each....can we take out another alongside our existing ones? Our current ones arent with Tesco, so that shouldnt be an issue,but just wondered if it was allowed? Obviously I dont plan to die in the next 3 mths,but if the worst happened, we would still want to have our current policy - i just wouldnt want it to be classed as invalid due to us opening another policy! any advice would be great!

"Yes, you can own multiple life insurance policies with multiple insurance companies.

The application for coverage usually asks if you own other life insurance policies and how much coverage you own.

The insurance company wants to make sure you aren't over-insured for any reason. But, if they say it's ok, you can buy life insurance with several insurance companies. Just make sure to answer the questions on the application truthfully.

I hope that helps. Best of luck to you.
"

AngelsMadv

Classy_Chick06 wrote: »

79K??? i have just taken the identical policy out and mine has only covered me for £7.530

It will be your age. Under a limit = £5, over a limit = £7.50.

princesslou_2

Thanks OP, i have just signed up and got £107,267 over 20 years, paying £5.00 a month. Not as good as my current life insurance, £7 a month and get a £200,000 payout so won't be sticking with tesco after the 3 months im afraid.