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Coop everyday extra current account
JohnSwift10
Posts: 519 Forumite
My brother who will be 79 years old next month is thinking of going on a cruise next June and was pricing travel insurance and the cheapest he could get it because of his and his wife's health is £600 approx.
If he was to open a joint Coop everyday extra current account and paid the £17 a month until next June and also any necessary payments and withdrawals then cancel the account when he returned from his cruise it would only cost him £136.
Is this feasible?
He used to have a Nationwide account with travel insurance but now he is too old.
If he was to open a joint Coop everyday extra current account and paid the £17 a month until next June and also any necessary payments and withdrawals then cancel the account when he returned from his cruise it would only cost him £136.
Is this feasible?
He used to have a Nationwide account with travel insurance but now he is too old.
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Comments
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many of these packaged bank account holiday insurance exclude people over a certain age. I'd check that out. And if he isn't excluded on age he might be on health issues. While it's perfectly possible that someone 79yo may be perfectly healthy all it might take is one advisory on his record already or between now and then to cause a problem. My OH who is much younger than your brother had a couple of health issues that caused our PBA holiday insurance to be cancelled - they wouldn't even cover him for having a suitcase go missing let alone anything medical.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Co-op's max age is 80. He'd be fine until his 80th birthday.0
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He would need to contact them about their pre-existing conditions - that is a condition if opening the account - and if they do continue to cover (they may not) he will have to pay an extra premium.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.1 -
BIBJohnSwift10 said:My brother who will be 79 years old next month is thinking of going on a cruise next June and was pricing travel insurance and the cheapest he could get it because of his and his wife's health is £600 approx.
If he was to open a joint Coop everyday extra current account and paid the £17 a month until next June and also any necessary payments and withdrawals then cancel the account when he returned from his cruise it would only cost him £136.
Is this feasible?
He used to have a Nationwide account with travel insurance but now he is too old.
Nationwide Flexplus travel insurance £18pm, is now underwritten by Aviva. No age limit specified. Worth a look?0 -
IIRC, the cover is for holidays costing max £5,000. Is that enough for your brother?0
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