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Help Please!

Hi all,

Sorry if this question has already been asked and answered. It's in connection with the recent life insurance article.

I have applied for the Tesco life insurance as the article advises so i can claim the 1000 clubcard points, and as Martin predicts i have found a cheaper policy using cavendish online.

My question is, do i need to accept the tesco policy and then cancel, or is the fact that i have applied enough to earn the clubcard points if i cancel now?

I have received the policy from tescos, but not yet signed and sent back the declaration.

Thanks.

Comments

  • dunstonh
    dunstonh Posts: 121,265 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If you cancel in the cancellation rights period or prior to the policy being placed on risk then the policy is voided as if it never existed. Guessing here but I would assume Tesco will not pay 1000 pts on that basis.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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