FlexAccount holders who held an account before December 2016 were able to keep their free EU travel insurance provided they had paid £ 750 / month into their account and completed the annual declaration of insurance regarding current medical conditions.
Still, while coverage will be withdrawn for most customers at the end of the year, those who have paid for annual upgrades, such as to keep insurance after their 75th birthday or to cover a health issue, will be able to keep their FlexAccount. travel insurance until the upgrade expiration date.
Nationwide claims that only a quarter of its existing FlexAccount members now benefit from the free travel insurance component.
Annual European travel insurance is available from £ 13 per year
While Nationwide is offering a 30% discount on Direct Line travel insurance for existing FlexAccount customers who currently have the benefit of the insurance, it may not be the cheapest travel insurance available.
If you’re looking to replace Nationwide travel insurance, annual European coverage is available starting at £ 13 for an individual or £ 33 for a family. For our premium annual travel policies, see Cheap Travel Insurance.
What does Nationwide say?
A Nationwide spokesperson said: “We have kept our European travel insurance free for long-time FlexAccount members for five years after removing it for new members in 2016. However, with a relatively low proportion of members Now fulfilling the eligibility criteria, we have taken the decision to simplify our proposal and align the conditions for all FlexAccount members. “