Sainsbury’s Bank, which is fully owned by Sainsbury’s Supermarkets, offers insurance products as well as loans and savings accounts.
It is rated by Fairer Finance for its car, home and life insurance. Sainsbury’s acts as an insurance broker rather than a direct provider.
Its car and home insurance is provided by UK Insurance, while its life insurance is underwritten by Legal & General.
Its overall scores for life insurance are undercut by poor performance in our transparency analysis, as well as lower-than-average customer trust ratings.
On the other hand, its car and travel insurance do well enough to be awarded Gold Fairer Finance Ribbons, and it picks up a Bronze Ribbon for home insurance.