Didn’t see a similar thread in search, feel free to merge if one exists.
I’ve just had an email from HSBC about their new ‘Select & Cover’ insurance options. It’s basically everything that people were asking from Monzo Plus in terms of selectable and customisable insurance options. Interestingly they have an ‘excess’ pack to cover insurance excesses you have paid on any other insurance policy from any provider as well as HSBC.
There’s a minimum of 3 packs you can have with a base price of 19.50 a month so it’s not cheap.
What are your thoughts?
For me, whilst the cover is good I’d much rather just have my Nationwide account for their great insurance benefits. Even if I don’t use all of them, if I just selectively purchased cover I’d like / needed from elsewhere I’d soon be spending a lot more.