First Direct becomes latest bank to drop its insurance offering


The wider packaged account market that First Direct is stepping away from remains active elsewhere. Santander’s Edge Explorer, Nationwide’s FlexPlus, the Co-operative Bank’s Everyday Extra, Lloyds’ Club Lloyds accounts, Virgin Money’s Club M and Monzo’s Max all continue to bundle travel, mobile and breakdown cover behind a monthly fee, underwritten variously by Aviva, AIG, Zurich, Allianz Assistance, Assurant and Green Flag, among others.



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