Revolut now lets you automatically buy travel insurance based on your phone’s location
Jan17
One of the most overlooked parts of going abroad is travel insurance. That’s probably because there’s a massive dichotomy between how easy booking a flight within Europe is, and how tedious it is to pick out a policy. London fintech startup Revolut plans to make things even easier. The company has launched a new geolocation-based travel insurance product, called Pay-per-Day. If the company detects that you’re abroad, it’ll automatically sign you up to a policy. To do this, the Revolut app uses your phone’s standard location services. If your GPS receiver picks up that you’re in a different country, a…
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