Renewing travel insurance - thoughts?

[Kirsten]

Our annual travel insurance with LV is due- was thinking of letting it lapse as not going anywhere soon. Looking briefly at net it seems several companies are not accepting new applications for travel .
New premium has gone up ( quell surprise!) now undecided as to whether renewal is good idea in case can’t get a new policy later in year . Any advice ? ( and no we wouldn’t go without it ) TIA as the young apparently say .

 

[Polar bear]

Nationwide current account gives free travel insurance

 

[Portland]

i retained the basic cover with our account which is "free" but not the paid extensions, these we will add again when we are able to travel

 

[tjay]

Polar bear said, Nationwide current account gives free travel insurance !

But does not cover existing medical problems without paying extra premium !!

 

[Zains Pops]

Why pay premiums for a product you cannot use. Maybe later the offer will be better, once you've been vaccinated and the EHIC situation becomes clearer. Maybe France will through another hissy fit and not allow us through Calais, who knows best buy when needed and start the 12 month clock ticking from there.

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[Clickem]

Nationwide current account gives free travel insurance

Nationwide does not appear to give free travel insurance to new joiners. The PLUS account does, but it is not free

Make a FlexAccount travel insurance claim | Nationwide

If you experience an illness or accident abroad, you can make an insurance claim through the policy provided by your Nationwide FlexAccount.

www.nationwide.co.uk

 

[Chris51]

Nationwide current account gives free travel insurance

Does it make a difference if you are 70 yrs or older ?

 

[Clickem]

Does it make a difference if you are 70 yrs or older ?

Over 70 years there is a single annual supplement of £65, then other additions if you declare any relevant medical miseries

 

[Chris51]

Does it make a difference if you are 70 yrs or older ?

Sorry just rang NW as I am 70 in Feb--you have to pay £65 a year extra for travel ins when you"re 70 .

 

[Chris51]

Over 70 years there is a single annual supplement of £65, then other additions if you declare any relevant medical miseries

Got me worried now--any problem with breakdown /recovery when 70 ?

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[maison]

We will let ours lapse, (January), and then take out a new policy when we are eventually allowed to travel again. Who knows what may happen in the next few months, new mutation etc.

 

[Clickem]

Got me worried now--any problem with breakdown /recovery when 70 ?

No, they are not age related. The payment of £65 does cover a couple, if you are both "mature"

 

[Shrimp]

No point in paying for something you’re not going to use or can’t use yet!

 

[The Wino]

Without the benefit of hindsight who knows but I suspect that if anything drastic happens we won't be able to travel anyway if things get better premiums could even drop. I would take it out when needed although we usually rely on our nationwide account.

 

[Kirsten]

Thank you all for considered opinions; very helpful.

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[Emmit]

Over 70 years there is a single annual supplement of £65, then other additions if you declare any relevant medical miseries

If it's a joint account and you're both 70yrs or over you only pay one payment of £65. ie. It's not £65 each.

 

[Clickem]

If it's a joint account and you're both 70yrs or over you only pay one payment of £65. ie. It's not £65 each.

See #12

 

[Gaston aires]

HSBC travel insurance finishes when your 70 and no add ons.
looking for alternative insurance at the moment is a no no due to the pandemic.
Phil

 

[Minxy]

Nationwide current account gives free travel insurance

i retained the basic cover with our account which is "free" but not the paid extensions, these we will add again when we are able to travel

These are not 'free' they are accounts with monthly premiums so as part of that premium you get some level of travel insurance, therefore you are still paying for it. None of the totally free (ie no monthly fee) accounts give free travel insurance.

 

[Minxy]

I cancelled our travel insurance in March 2020 as I couldn't see that we'd be able to use it, not just due to covid, but due to Romy being poorly, I therefore got a part-refund as no point in paying for it for the sake of it.

I won't take it out again until we need it as I can't see us getting away anytime soon, I can't understand 'need' to keep it going constantly unless you are due to go away very shortly (eg within the month) as it's just a waste of money, even if it goes up a bit (which it no doubt will) the money you've saved for not buying it now will likely more than offset that extra cost and the policies might be more comprehensive once Covid has been got to grips with.

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[stevewagner]

These are not 'free' they are accounts with monthly premiums so as part of that premium you get some level of travel insurance, therefore you are still paying for it. None of the totally free (ie no monthly fee) accounts give free travel insurance.

I'm with Nationwide and get premium free travel insurance. As long as a certain amount of money is paid into the account each month i.e. my salary, both my wife and I are covered. We got robbed while sleeping in Marseille two years ago and got paid out for most of our losses.

 

[Lenny HB]

We rely on our Lloyds bank account it covers us up to 80, I just had a claim did it online they didn't even ask for recipts.
It is dearer than than NW but we only pay ½ price as the boss is a Lloyds pensioner.

 

[Minxy]

I'm with Nationwide and get premium free travel insurance. As long as a certain amount of money is paid into the account each month i.e. my salary, both my wife and I are covered. We got robbed while sleeping in Marseille two years ago and got paid out for most of our losses.

Isn't that the Flexiplus one you pay £13 pcm for though?

 

[stevewagner]

Isn't that the Flexiplus one you pay £13 pcm for though?

I believe it's only available now with Flexiplus but was given to Flexdirect customers a few years back which they continue to offer providing £750 a month goes through the account. I think Flexiplus customers also get breakdown insurance which includes motorhomes so still quite a good deal.

 

[Clickem]

I'm with Nationwide and get premium free travel insurance. As long as a certain amount of money is paid into the account each month i.e. my salary, both my wife and I are covered. We got robbed while sleeping in Marseille two years ago and got paid out for most of our losses.

They appear to have taken the insurance away from the basic account for any new applicants. I would expect that they will withdraw it from the FlexAccount shortly and just keep it on the FlexPlusAccount, which costs £13/month

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[stevewagner]

They appear to have taken the insurance away from the basic account for any new applicants. I would expect that they will withdraw it from the FlexAccount shortly and just keep it on the FlexPlusAccount, which costs £13/month

Just had our renewal through so we are good for at least a year - just hope we can get away soon!

 

[Portland]

These are not 'free' they are accounts with monthly premiums so as part of that premium you get some level of travel insurance, therefore you are still paying for it. None of the totally free (ie no monthly fee) accounts give free travel insurance.

Thanks for your post, however we don't pay any premiums for our basic cover but I do know that nothing is free in this world and so somewhere we will be paying for the insurance. We have had this since 1992.

 

[Minxy]

I believe it's only available now with Flexiplus but was given to Flexdirect customers a few years back which they continue to offer providing £750 a month goes through the account. I think Flexiplus customers also get breakdown insurance which includes motorhomes so still quite a good deal.

I suspect as much, no good to those who haven't already got it though.

 

[Minxy]

Thanks for your post, however we don't pay any premiums for our basic cover but I do know that nothing is free in this world and so somewhere we will be paying for the insurance. We have had this since 1992.

So it's because you've had the account constantly that you still have that 'perk', not available to newer account holders.

 

[TerryL]

After a "talk" with Staysure, when it transpired they wouldn't cover me for a multi-trip policy (over 70) even though their renewal paperwork explicitly said they would, I've cancelled the renewal (due today actually) and will now wait and see. It was something in the "small print" that made me call them.

May end up having to take out single trip although Saga have quoted to include all we need, albeit at a significantly higher premium than Staysure offered.

And before someone says "you should have forced them" or something similar they did agree that they would probably have covered me in the event of a claim (albeit probably under protest) as it was their error, but now I had brought it to their attention they wouldn't renew. Sorry but I don't take chances like that.

In their favour Staysure did offer me a decent discount if I took out a single trip policy, but I'm still waiting for that in writing. But research has shown, apart from the discount, single trip is the same cost as Sagas' offer.

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