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    • nicetomeetyou
    • By nicetomeetyou 16th Sep 19, 8:03 PM
    • 217Posts
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    nicetomeetyou
    Is 13 a month account fee worth it for mobile phone insurance?
    • #1
    • 16th Sep 19, 8:03 PM
    Is 13 a month account fee worth it for mobile phone insurance? 16th Sep 19 at 8:03 PM
    I'm with Nationwide and am contemplating upgrading my account to Flex plus just for the mobile phone insurance. Online to insure my phone comes in around the 14 a month mark. How good is Nationwide insurance? anybody ever had to use it for loss/theft for their phone? On the nationwide website they only insure up to a 1000 for phone... My phone is 1050 new... Will they cover all the 1000?

    Also I know travel insurance is included in the 13.00 per month.... I have a pre-existing condition, will they take that into account, My travel insurance with debenhams is 56 for mid range cover because of the pre-existing so not like I can't get insured from a mainstream provider.

    I like the commission free cash withdrawals a month. too
Page 1
    • Willing2Learn
    • By Willing2Learn 16th Sep 19, 8:11 PM
    • 4,383 Posts
    • 3,925 Thanks
    Willing2Learn
    • #2
    • 16th Sep 19, 8:11 PM
    • #2
    • 16th Sep 19, 8:11 PM
    Just to see if your 13/month represents good value, I got an insurance quote for an iPhone 11 128GB @ 98.89 for annual cover from gadget-cover.com.


    You should contact Nationwide and ask them if their travel insurance is valid with your pre-existing condition.
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    • nicetomeetyou
    • By nicetomeetyou 16th Sep 19, 8:24 PM
    • 217 Posts
    • 71 Thanks
    nicetomeetyou
    • #3
    • 16th Sep 19, 8:24 PM
    • #3
    • 16th Sep 19, 8:24 PM
    I went through the application, it asked if I have prescribed medication in the last 12 months, I clicked yes and it said I am not eligible for travel insurance.

    I don't think that is a negative for me. I wanted it just for the phone insurance, its insurance for abroad as well. I also like the commission free cash abroad too. I go to Europe a few times a year.
    • Gary_Dexter
    • By Gary_Dexter 16th Sep 19, 8:24 PM
    • 6,553 Posts
    • 4,348 Thanks
    Gary_Dexter
    • #4
    • 16th Sep 19, 8:24 PM
    • #4
    • 16th Sep 19, 8:24 PM
    Does your home contents insurance not cover you for mobile devices?
    If so you don’t need the nationwide cover.

    However, 13 per month for mobile insurance, breakdown cover and travel insurance is good value, especially if the account is a joint account since each party is covered under the one fee.

    Also note the changes to the policies coming into effect from 1st November: https://nationwide.co.uk/support/product-support/current-account/current-account-changes#xtab:twistyheadingcontent-flexplus
    • nicetomeetyou
    • By nicetomeetyou 16th Sep 19, 8:42 PM
    • 217 Posts
    • 71 Thanks
    nicetomeetyou
    • #5
    • 16th Sep 19, 8:42 PM
    • #5
    • 16th Sep 19, 8:42 PM
    I live in a house share with 3 friends.. When I looked I was unable to get house insurance.

    Nationwide are increasing the lost phone insurance to 1.500 which is handy.

    Thank you for posting the link Gary_Dexter.
    • 20SmthngSver
    • By 20SmthngSver 17th Sep 19, 8:40 AM
    • 344 Posts
    • 111 Thanks
    20SmthngSver
    • #6
    • 17th Sep 19, 8:40 AM
    • #6
    • 17th Sep 19, 8:40 AM
    No lol. 156.00 a year just for mobile phone insurance sounds silly. I bought a refurbished 128gb iPhone 7 for 140 on MusicMagpie this year with no defects. I found a 20 off code and I sold my old iPhone for 70 which I'd had for 3 years.

    If you've had this account for a few years and paid hundreds in insurance, you'd have been better just saving 13 a month. At least then you'd have the money still.
    • sal_III
    • By sal_III 17th Sep 19, 9:33 AM
    • 1,385 Posts
    • 1,333 Thanks
    sal_III
    • #7
    • 17th Sep 19, 9:33 AM
    • #7
    • 17th Sep 19, 9:33 AM
    You can get contents home insurance for your room only even in house/flat shares. Get some quotes and compare the value.

    156.00 / year seems steep for just a mobile phone insurance if you can't take advantage of the travel insurance of this account.

    You can get no-fee top exchange rate abroad bank accounts for free from the likes of Starling, Monzo and Halifax Clarity CC, no point in splashing 156.00 / year for that.
    • badger09
    • By badger09 17th Sep 19, 1:13 PM
    • 7,399 Posts
    • 6,940 Thanks
    badger09
    • #8
    • 17th Sep 19, 1:13 PM
    • #8
    • 17th Sep 19, 1:13 PM
    I went through the application, it asked if I have prescribed medication in the last 12 months, I clicked yes and it said I am not eligible for travel insurance.

    I don't think that is a negative for me. I wanted it just for the phone insurance, its insurance for abroad as well. I also like the commission free cash abroad too. I go to Europe a few times a year.
    Originally posted by nicetomeetyou
    Are you sure about this?

    As far as I'm aware, the travel insurance linked to all Nationwide's current accounts will cover almost all pre existing medical conditions, as long as you declare them.

    They operate a medical screening process - as do most insurers. Many conditions do not attract any additional premium, but some do.
    • 18cc
    • By 18cc 17th Sep 19, 1:18 PM
    • 1,833 Posts
    • 1,349 Thanks
    18cc
    • #9
    • 17th Sep 19, 1:18 PM
    • #9
    • 17th Sep 19, 1:18 PM
    I enquired about nationwide travel insurance and I have pre-existing conditions

    I called them up and declared them and they quoted me an additional price to have them covered

    They also told me if I chose not to.pay the additional premium to have them covered it would not affect the rest of Insurance - just those conditions would not be covered
    • Clive Woody
    • By Clive Woody 17th Sep 19, 2:03 PM
    • 4,859 Posts
    • 5,440 Thanks
    Clive Woody
    I have this Nationwide account and claimed for a phone a while back. I had only had the phone a few months when the screen cracked. I sent it off to be repaired but got a call saying it couldn't be repaired. They called me to make me a payout offer that was actually more than I paid for the phone brand new, which was a nice surprise. The payout arrived very quickly.

    The breakdown cover is also good, we've used that a couple of times and no complaints with the service provided (includes at home cover)
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about Albert Einstein
    • ollyshaw
    • By ollyshaw 18th Sep 19, 8:32 AM
    • 687 Posts
    • 314 Thanks
    ollyshaw
    The cover is good. But work out if it'll let you cancel easily. As I have it on my joint account, nationwide won't let me cancel unless my wife and book an appointment in advance at a branch. It's shocking.
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    • eskbanker
    • By eskbanker 18th Sep 19, 10:40 AM
    • 11,361 Posts
    • 14,061 Thanks
    eskbanker
    The cover is good. But work out if it'll let you cancel easily. As I have it on my joint account, nationwide won't let me cancel unless my wife and book an appointment in advance at a branch. It's shocking.
    Originally posted by ollyshaw
    What do you actually mean by 'cancel' in this context - are you looking to remove insurance cover from your FlexPlus while retaining the account, or to close the FlexPlus, or to change the FlexPlus to another type of account?
    • penners324
    • By penners324 18th Sep 19, 12:40 PM
    • 123 Posts
    • 76 Thanks
    penners324
    Mobile phones are usually included in home contents insurance so separate mobile insurance is pointless
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