Santander Offers UK Students Free Insurance

British students have recently been offered a new current account by Santander, which is expected to meet the needs of teenagers.

The financial side of this offer includes no interest on overdraft of up to £2,000 and earnings of 2% interest on account balance of up to £500.

The most attractive part of this student current account by Santander, however, is its freebies side. Unlike other students offers by British banks, which feature cashback or free bonuses (railcards, food vouchers, audience tickets, beauty products), Santander Student Account has free insurance worth £323 a year.

The free insurance package consists of 3 types of cover:
The first is for mobile phones that are insured against damage, loss or theft. The second one is for laptops that are insured against theft. Any, finally, the third one is for 2 gadgets (digital cameras, music players, game consoles, etc.) that are insured against damage, loss or theft.

The insurance package has been added to the Santander Student Current Account as a result of the poll among UK students, who claimed that digital devices’ cover is exactly what they need.