Which account type often includes features like insurance and cashback?

The correct answer is packaged premium accounts, which are designed to offer a variety of additional benefits beyond traditional banking services. These accounts often include features such as insurance coverage for travel, mobile phone protection, and cashback on certain purchases. The idea behind these accounts is to provide added value to customers who are willing to pay a monthly fee for these benefits, making it a convenient option for individuals who are looking for more comprehensive financial services.

Standard accounts typically provide basic banking services without the added perks. Savings accounts focus on helping individuals save money and often come with higher interest rates but lack features like insurance or cashback incentives. Negotiable accounts, on the other hand, refer to accounts that may allow for flexible terms or conditions, but they do not usually encompass the range of benefits offered by packaged premium accounts. Overall, the features included in packaged premium accounts align well with the idea of offering comprehensive financial products that cater to diverse needs.