Co-operative Bank insurance?

OneBrightStar

I am planning to take out their Privilege current account to benefit from their travel and mobile phone insurance. Has anyone got any experience with them? Any conditions which I should watch out for or they are fairly reasonable?

Thanks

InsideInsurance

Most mobile phone policies are hardly worth the paper they are written on as they are (a) indemnity based - ie not new for old, (b) have very strict terms of coverage because claim fraud is so rife and (c) have a relatively high excess compared to the sum insured

Haven't read about the co-ops explicitly so check for yourself. Travel linked to bank accounts tends to be moderate to good, those linked to credit cards tends to be terrible. Just make sure you check any clauses about who qualifies and any special conditions - isnt normally an issue with current accounts but with credit cards for example you normally only get cover if you pay with that card in full.