We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
£30 ish Free (A&L Customers Only)
Options

mattyd_2
Posts: 2 Newbie
Just received an offer from Alliance & Leicester for £50 cashback if you take out Life Insurance via Legal & General. There are T's & C's, like you have to have a Premier Current or Premier Direct Current Account and must meet the terms of it. They will pay you the money with approx. 60 days from policy start.
go to https://www.covermeonline.co.uk, have a play with the quote system to get the month payment as close to the minimum monthly payment (£6) as possible. I got this to £6.02, applied for the cover and have been accepted. Download the cashback claimform (all T's & C's for the offer are on this), once direct debit has been setup and first payment has been taken then send the form in. Once they give me the £50, I will cancel the policy.
Cost: 2 or 3 payments: £12 or £18
Cashback: £50
Free Money: £32, possibly more
go to https://www.covermeonline.co.uk, have a play with the quote system to get the month payment as close to the minimum monthly payment (£6) as possible. I got this to £6.02, applied for the cover and have been accepted. Download the cashback claimform (all T's & C's for the offer are on this), once direct debit has been setup and first payment has been taken then send the form in. Once they give me the £50, I will cancel the policy.
Cost: 2 or 3 payments: £12 or £18
Cashback: £50
Free Money: £32, possibly more
0
Comments
-
I have just signed up for this - when do we send off the form to claim £50
The documents look quite offical and looks like i'm tied in until it ends (i signed up for 7 years) - surely I can cancel the direct debit at any time?!Mortgage as Sept 2012: £96,000
Mortgage free: When i'm 39 / Sept 2023
Mortgage repayment = £588
Tracker Rate 1.99% above base: 2.49%0 -
If the details you filled in are not accurate you are committing insurance fraud.0
-
If the details you filled in are not accurate you are committing insurance fraud.
Surely not, i'm never going to claim?!
Anyway, the details are correct i think. It's only income protection insuranceMortgage as Sept 2012: £96,000
Mortgage free: When i'm 39 / Sept 2023
Mortgage repayment = £588
Tracker Rate 1.99% above base: 2.49%0 -
You are not tied in and you can cancel at anytime.
Also remember that with online quotes your actual premium after underwriting may be quite different, I have heard this many times before.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards