Revolut launches cellular phone insurance coverage within the U.Okay.

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Fintech startup Revolut is attempting so many issues directly that it’s onerous to maintain observe of every thing. This time, the corporate is partnering with Simplesurance to launch a brand new insurance coverage product. Now you can insure your cellular phone for £1 per week/£42 per 12 months, which represents $1.35 per week/$56.50 per 12 months.

Most telecom firms already present cellular phone insurance coverage choices. However they are typically dearer than Revolut’s providing within the U.Okay. Revolut already talked about launching cellphone insurance coverage, however in the present day marks the debut of this new product.

Revolut’s insurance coverage covers unintended, water and operational harm all over the place around the globe. It covers cracked display screen and you can begin insuring your gadget so long as your cellphone is lower than six months previous. You’ll be able to often get it repaired or changed in lower than 48 hours.

Revolut asks you the gadget you’re utilizing. So it sounds prefer it might get a bit dearer than this price ticket with tremendous premium telephones.

Revolut goes to make the most of its app to enroll new customers to this new product. You’ll be able to join immediately from the corporate’s app and Revolut Premium customers will get a 20 % low cost. Sadly, you must contact Simplesurance immediately if you wish to discover a declare.

Underneath the hood, Simplesurance and Revolut work with Allianz Worldwide Companions. Simplesurance often works with different firms to offer B2B insurance coverage merchandise.

However you may also signal as much as an analogous cellphone insurance coverage product on Simplesurance’s client web site. Simplesurance operates in dozens of nations. So Revolut customers in different international locations can count on to see in the present day’s new insurance coverage product sooner or later.

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Désiré LeSage

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