Demo rate cardFrom £9.50 a month; £100.00 excess; cover up to £330,000.00
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | Buildings and contents insurance |
| Rate, reward or charge | From £9.50 a month; £100.00 excess; cover up to £330,000.00 |
| Cover limit | up to £330,000.00 depending on the level chosen |
| Access | Claims in the story are reported to the branch and paid less the excess; a 14-day cooling-off period applies in the model |
| Eligibility in the scenario | A story customer who owns or rents a fictional drey in one of the twenty regions |
| Fees | £100.00 excess per claim |
| Cover levels | Contents only at £9.50 a month; Buildings only at £14.25 a month; Buildings and contents at £19.75 a month |
| Currency | GBP (£), used solely for fictional calculations |
Fees and charges
| Charge | Model treatment |
|---|---|
| Opening / arrangement | £0.00 |
| Monthly account fee | £0.00 |
| Excess per claim | £100.00 |
| Cancellation | Pro-rata refund after a 14-day cooling-off period in the model |
| Interest on borrowing | None; this product cannot be overdrawn |
| Early access | Cancel at any time; cover stops |
| Real amount payable to AcornBank | £0.00 — this is a fictional demo, not a service |
Drey Home Insurance is buildings and contents insurance in the Insurance range, used for putting the drey back together after a bad day. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Keep the cost in the same picture as the rate
A fee can reduce the benefit of interest, growth or cashback, and borrowing interest can exceed a reward. The table distinguishes ongoing charges from an upfront fee. Do not subtract a fee twice: the mortgage total already includes its arrangement fee, while its yearly repayment rows contain repayments only.
The worked examples show the product-specific calculations and timing assumptions in full.
See the whole Insurance range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Insurance — Cover for Dreys, Travels and Tails
- Drey Home Insurance — Fetching Your Fictional Stash
- Drey Home Insurance — How Much Fits in a Hollow?
AcornBank: entirely fictional banking, exceptionally committed squirrels.