Safeguard insurance is for Fixed Instalment purchases. There are three options:
Goods Cover: This covers you in the event of accidental loss, damage and theft.
Payment Protection: This covers you in the event of death, terminal illness or disability that is longer than 30 consecutive days, redundancy longer than 30 consecutive days, and bankruptcy. (A good option if you already have home and contents insurance with another provider).
Full Cover: This includes both Goods cover Payment Protection and is the most comprehensive type of insurance.