Reply To: Amex Platinum Business – insurance question

[JDB]

@jamjamjam – yes, £300 sounds quite a lot. One of the packaged policies with a bank account may work out better, depending on your needs. If you qualify for HSBC Premier that travel policy is free with the bank account and covers some mainstream pre-existing conditions that Amex doesn’t. It doesn’t include car hire excess.

We moved to the Nationwide Flex Plus account during Covid as they allowed travel most other policies didn’t. It’s £13/month and allows ‘buy out’ for many pre-existing conditions, over 70s etc at modest cost. It also includes full AA cover including Europe) although you need a joint account to cover a couple on AA which is quite valuable for many of us. It also includes mobile cover but again no car hire excess cover although good policies can be bought for under under £100. Beware of cheap excess policies; be very clear as to what they exclude vs more expensive ones!

Quite a few people here have also mentioned the NatWest Premier travel policy as being good.

One thing to note on these packaged policies is that the terms can be changed on 60 days notice whereas if you buy a standalone annual policy, the terms don’t vary (unless in your favour) during the 12 months. It probably only matters if you need cover for something rather specific that might get enhanced away but it’s a low risk.