Is Barclays Bank a Good Insurance Company?
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Discover the methodologyYou are considering buying an insurance policy at Barclays Bank and are wondering if Barclays Bank is the best insurer for you?
You've come to the right place!
In the below guide you’ll find everything you need to know about Barclays Bank: expert and consumers reviews, insurance policies detailed, recommendation, contact and much more.
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Safe's mission is to help anyone trying to get the best value for money deal on personal insurance making the right decision. We've analyzed over 1000 insurance companies and contracts. You will find below our independent and neutral rating and evaluation for Barclays Bank.
Who is Barclays Bank?
Barclays is one of the leading banking group in the UK. The company offers a wide variety of financial and insurance products including personal loans, car, home and travel insurance, credit cards, current accounts etc.
What are the main insurance policies available at Barclays Bank?
Let's discover below main insurance policies offered by Barclays Bank.
| Safe overall rate | Our reviews | |
|---|---|---|
| Travel insurance | Get to know more | |
| Home insurance | Get to know more | |
| Life insurance | Get to know more |
Barclays Bank expert and consumers reviews: Defaqto, TrustPilot
Barclays Bank is regularly audited by Defaqto expert rating. Defaqto ranks each company as well as policies with scores of 1 to 5 stars. Cover details, admin fees, value for money, claim and complaint process and more are analyzed and weighted.
Consumers, on the other hand, can write down their opinions on independent websites such as TrustPilot, Reevoo or Reviews which give great insights on claim process and refund as well as customer service at Barclays Bank.
| Defaqto | |
|---|---|
| Home insurance | Standard: 5 stars |
Is Barclays Bank a good travel insurance company?
4,4 Safe overall rating for Barclays Bank travel insurance
Barclays Travel Insurance is offered by Barclays plc, a British multinational investment bank and financial services company and is underwritten by leading UK insurers such as Aviva and RAC Insurance Limited.
The insurance travel policies offered vary slightly from most travel insurance policies. They offer 2 levels of cover: Travel Pack and Travel Pack Plus which are both worlwide multi trip travel insurance. The covers also come with a comprehensive breakdown cover for your vehicle in the UK and Europe.
We would recommend Barclays Travel Insurance is anyone looking for affordable worldwide multi trip insurance and are planning to travel with their vehicle.
For single and annual multi-trip cover, age and maximum number of days limits at Barclays Bank are:
| Main travel insurance policies | Available at Barclays Bank |
|---|---|
| Barclays Bank maximum number of days limit | Up to 31 days per trip |
| Barclays Bank age limit | 80 years |
You will find Barclays Bank cover details (compensations, deductibles, extras etc.) for single and annual multi-trip policies in our review.
Besides main travel insurance policies, Barclays Bank also provides extra cover such as:
- backpackers travel insurance
- long stay travel insurance
- winter sports cover
- golf cover
- cover for business trips
- cruise gear
- gadget cover
Upgrades available at Barclays are as follows:
- Extended trip duration up to a maximum of 90 days
- Increased baggage cover up to £2,500
- Increased cancellation cover of up to £10,000 per person.
>> MORE: read our complete review on Barclays Bank travel insurance.
Is Barclays Bank a good home insurance company?
4,84 Safe overall rating for Barclays Bank home insurance
The home insurance policy from Barclays is underwritten by Aviva Insurance Limited.
The company provides 2 levels of cover: standard and Premium, both rated 5 stars by Defaqto expert rating.
Even the standard level always ranks very high among other home insurance policies. Building and contents maximum sum insured are unlimited. The owner's liability limit reaches £5M.
The standard contents insurance provides unlimited cover for items kepts in outbuildings.
Barclays Bank building insurance
You will find below building main insurance details for the Home insurance cover at Barclays Bank:
- Maximum sum insured for your property: Unlimited
- Owner's liability: £5 000 000
- Alternative emergency accomodation: £100 000
- Period of home's unoccupancy cover: 60 days
- Trace and access: £5 000
- Keys cover: £1 000
- Subsidence excess: £1 000
Alongside building insurance, you can get additional cover such as:
| Home building insurance extras | |
|---|---|
| Home emergency |
|
| Boiler cover |
|
| Family legal protection |
|
Barclays Bank contents insurance
You will find below contents insurance details for the Home insurance cover at Barclays Bank:
- Maximum sum insured for your contents: Unlimited
- Alternative emergency accomodation: £19 000
- Single item limit: £2 000
- Contents in the open: £3000 for theft and unlimited for damage
- Contents in outbuildings: Unlimited
- Money / credit card kept at home: £500 / £500
- Items temporarily removed from home: Not covered
Alongside contents insurance, you can get additional cover such as:
| Home contents insurance extras | |
|---|---|
| Accidental damage cover | Optional extra |
| Personal possessions cover |
|
| Mobile cover |
|
| Bike cover |
|
Standard excess to report a claim at Barclays Bank is £200.
You will find exhaustive cover details, administration fees, contacts etc. on Barclays Bank home insurance on our review below.
>> MORE: read our complete review on Barclays Bank home insurance.
Is Barclays Bank a good life insurance company?
4 Safe overall rating for Barclays Bank home insurance
Barclays partners with Legal & General to provide life insurance services and they offer two main types of insurance which are the Barclays Simple Life insurance and Barclays Life Insurance for Mortgage Holders. Both types of insurance offered will pay out a particular sum in the case that the policyholder dies or is diagnosed with a terminal illness. Accidental Benefit cover is provided as a standard with the life insurance policy. The ratings are quite low however as Barclays has a 3 stars Defaqto rating and a 1.5 TrustPilot rating. However, as they partner with Legal and General that paid out 98.3% of life insurance claims in 2017, their financial capacity to pay out claims is quite high. Their services are recommended.
In summary, here are the main features you need to know when taking out life insurance with Barclays Bank.
| Life insurance criteria | |
|---|---|
| Minimum age | 18 years |
| Maximum age | 75 years |
| Pay-out | £500,000 |
| Extras | A life insurance calculator is available on the website. |
| Terminal illness | Yes |
You will find everything you need to know on Barclays Bank life insurance in our review.
>> MORE: read our complete review on Barclays Bank life insurance.
Barclays Bank discount codes, promos and vouchers
| Discounts and promo codes available | |
|---|---|
| Travel insurance | Up to 20% discount when applying online |
| Home insurance | Discount is given for buying combined policy. |
| Life insurance | Not stated |
How to contact Barclays Bank?
Find out how to contact and log in to Barclays Bank on our contact page.
