Nationwide FlexPlus price increase

[Guest2]

FlexPlus is going from £13/month to £18/month starting December 2024.
It covers worldwide family travel insurance, mobile phone insurance and breakdown cover.

A good deal if you use all of it but i only really need the travel insurance (dont have a car and not lost a phone in almost 10 years)

Is there cheap travel insurance policies so I can change the account to regular Flex? What are other doing?

 

[Guest2]

Will be reviewing what I can get for £216 a year seperately. I've used the mobile phone insurance a couple of times in the past but the excesses have increased on that.

The breakdown cover and worldwide travel insurance are useful to us but may not be competitive on price any more so will need to see if it's worthwhile going back to the Flex Account with no fee and purchasing the travel and breakdown cover separately now.

Guess those directors bonuses need to be paid somehow. Seems like a totally over the top increase in price.

Yeh, guess it's to pay for their 40% bonuses!

 

[Guest2]

Looking at alternatives it could be more pricey

Mobile insurance - AppleCare+ with Theft and Loss (£11.99/month)
Post office - Worldwide insurance for me and partner - Economy Annual Multi-Trip £178.24 (£14.83/month)

 

[Guest2]

When last did you claim on insurance? For us I crunched the numbers and over the ten-odd years I paid for the account, I could've bought quadruple the phones I claimed on.

Travel insurance can be had for buttons too, have you tried the comparison sites?

I agree on the mobile insurance.

Worldwide travel (including skiing) is covered by Nationwide. A couple of quick quotes (as im not wanting to get spammed by compare the market and other such sites)

Post office Economy Annual Multi-Trip £178.24 (£14.83/month)
Sainsburys £205 (£17/month)

 

[Guest2]

If you have medical issues though i would check with them first. We moved when Nationwide wanted extra few hundred when natwest wanted nothing. This year Natwest changed and are also charging more so it makes it slightly pointless to get it packaged.

I dont have medical issue. Yes, looking at the big banks, their prices seems to be around the same for similar services.

 

[Guest2]

Apple care is worth it because you shouldn’t be using a case and thus allows for you to not use a case

Travel insurance is mainly for the medical side of things, use coverwise and get a basic package it’s £36 for multi trips including the USA.
It doesn’t cover >24 days annoyingly but for those trips just get a specific cover for that trip with the added extras needed for the trip i.e helicopter rescue and you just treat that as a cost to go on the trip.

I don’t see the need in paying for a year multi cover for £100s if you’re only going to be going on a random trip to spain once in a blue moon.

Perfect, this is more like it

I dont understand this though.

Annual multi trip with winter sports - bronze, policy start date 15/11 - Bronze Annual £40.95 (24 days per trip (ski 17 days/year)
Single trip with winter sports - bronze, policy from 12/12 - 19/12 - Bronze £45.98

Shouldnt a single trip cost a lot less than an annual policy?

 

[Guest2]

It's not just the insurance for holidays aboard thou, you should be able to use it to cover trips in the UK..

Trips in Uk? Isnt that what NHS if for?

Say a family go on holiday to Cornwall and all get injured and end up in hospital, they wont have to pay thousands/hundreds of thousands on medical expenses will they?

Just like anyone else in Uk who is a Uk resident wouldnt have to pay for going to say A&E

(I am also covered in UK by AXA for private medical care through work)

 

[Guest2]

stuff like missing a pre-booked coach, train connection as the previous one was late. having to move/rebook hotels, having luggage stolen... I've never claimed myself but I was speaking to bank staff and she told me I should have claimed when the bus I was getting from the airport was late and I got a taxi back as it was like 4am in the morning.

You can claim with the company that cancelled / was late if you miss a connection. E.g. we have claimed a taxi from Leeds to Manchester airport on Transpennine when out train was cancelled as we wouldnt have made the flight without a taxi (next train wouldnt have got us to the airport on time)
It was about £100 in Uber and took ~5 months to get the money back.

 

[Guest2]

It's not just the insurance for holidays aboard thou, you should be able to use it to cover trips in the UK..

Any update on this? Trips to Uk surely dont need insurance (unless its extreme activities)

 

[Guest2]

not sure what you are after in a terms of an update? It all depends on who your insurance is with and what it covers and if UK holidays are covered.

For example the post office travel insurance:
Even if you're staying in the UK for your break, having holiday insurance will provide cover for lost, damaged or stolen possessions such as baggage, and cancellation, cutting your trip short or delay to your trip in some circumstances.

I just know that my bank's holiday insurance covers trips in the uk as well under the same terms of if it was an holiday aboard. Yeah you don't need medical cover but at the same time you may not need medical cover aboard if you have GHIC or EHIC...

Thanks - so other than medical as you've highlighted

I wasnt even aware the FlexPlus covered family for mobile insurance too, I thought it was just worldwide travel (not inc. mobile)

 

[Guest2]

I've looked at other options for phone and travel insurance and travel can be had cheaper if booking single trips but overall doesnt work out that much cheaper if I factor in a ski holiday each year plus a weekend break and 'summer' holiday for both me and my partner.

She has agreed to contribute towards the account which I didnt even know covered her for phone insurance too. Less hassle than moving and I now save £3 a month! (10 / 8 split)