There’re numerous bank accounts offering travel insurance worldwide, but we decided to pay attention to the best three. The benefits of travel insurance are undisputed, so take time to understand them in deep. You don’t know what tomorrow holds! For instance, if you get seriously injured when you’re abroad and then the bill accumulates to a huge amount, travel insurance will be a security team. You may also cover your beloved ones to be safer in the future. Here we’ll discuss bank accounts dealing with travel insurance, considering extra perks and monthly fees.
Nationwide Flex Plus
Nationwide Flex plus provides mobile phone, travel insurance, and European breakdown coverage. They charge 13 pounds per month which are cheaper compared to other bank accounts. As a worldwide family travel insurance, it covers business, winter sports, weddings, and golf.
Other essentials include medical expenses, luggage, money, documents, and flight cancellations. Its cancellation cover is close to 5,000 pounds, while the medical bills are close to 10 million pounds, including natural disasters, or airline end supplier failure.
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Watch out
Nationwide doesn’t cover medical conditions unless they’ve occurred globally. You can also add a medical upgrade to your cover. Another consideration is that the longest trip should be 31 days. Any person aged 70 or above, must purchase an upgraded cover. Though monthly cover can add up to 156 pounds annually, you can offset much especially during the first year. However, no members can get 100 pounds for switching, while an individual who switches go for Flex Plus could get around 125 pounds.
Above that, you get a vehicle breakdown cover both in the UK and rest of the Europe. Plus, a mobile insurance cover for your family. The mobile insurance policy covers, dependent kids, mobile account information, and ones belonging to your partner. Simply, it covers faults, theft, loss, and damage.
Virgin Money’s Club M Account
Virgin Money’s Club is the best bank account offering travel insurance. It charges around 14.5 per month. Like Nationwide, it strictly covers 31 days per trip. In addition, it covers a partner and account holder if both are under 75. Besides, it covers at least 4 dependents under 18 whether living with the policyholder or full-time education. Its emergency medical treatment includes cover for the journey home, contacting coronavirus while away, and medical bills. Also, it covers damaged, stolen, or lost items.
It also covers winter sports, and missed or delayed departures. A policyholder can also be covered in the event of flight cancellations or cutting short trips due to coronavirus as long as they were tested before booking a trip. The policy includes hospital, ambulance costs, emergency medical, treatment, surgical, travel expenses, and additional accommodation, especially if the person can’t return to the UK.
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Watch out
As mentioned, it offers 31 days of worldwide cover trips. Only cover policyholders and partners living with them if they’re both under 75. Plus, it covers up to four dependents under 18. However, any illness or medical received after opening an account won’t be accepted.
What else?
Above that, it offers UK breakdown cover without charges whether you’re a driver or passenger. Even people who may offer aid at home and roadside. They also offer gadget and mobile phone insurance covering breakdown, loss, damage, or theft. As a worldwide family travel insurance, it covers weddings, winter sports, and golf. Also, 24/7 doctor accessibility whether at home or abroad.
Another benefit is that it provides access to savings accounts paying 1.71% on balances close to 25,000 pounds. You can also earn 2.02% on a balance close to 1,000 in your bank account. If you sign up for the Virgin Money Club M Account, you earn a bonus of 20,000 Virgins Points. And established members earn and spend Virgin Points across 200 different rewards.
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Halifax Ultimate Rewards Current Account
Halifax Ultimate account costs nearly 17 pounds monthly. It includes a family insurance policy for kids under 18, an account holder, and a partner. Also, it covers winter sports, personal belongings, and other activities. It covers close to 10 million pounds for medical confinement, hospital fees, funeral, dental costs, and repatriation.
Further, it covers close to 5,000 pounds of accommodation and pre-paid insurance bills, especially in event of flight cancelation. It covers personal belongings close to 2,500 pounds in case they are stolen, lost, or damaged. Besides, it covers personal money close to 750 pounds either theft or loss. That means it covers close to 300 pounds for cash only.
Watch out
Know that existing medical conditions are included unless there are terms agreed upon. It covers 31 days worldwide trip. All covers terminate once the account holders hit 71. As long as you’re under 71, your partner will also cover till both hit 71. Kids can also be covered as long as they’re traveling with the civil partner or spouse of the account holder.
What else
It covers car breakdowns with AA. Plus, it’s the best bank account offering travel insurance. This covers the car policyholder traveling in or at home, but you must be in the UK. It also covers mobile insurance including loss, theft, breakdown, and damage close to 2,000 pounds. However, it only covers policyholders’ phones or another one unless it’s a joint account. An extra 10 pounds is paid upon successful claims.