Revolut is a new travel insurance company that's aiming to permanently alter the way people seek coverage when they're on vacation. With this new service, users can receive medical and dental insurance for as little as £1.00 or €1.00 per day.
What truly sets this service apart, is that individuals are only charged for coverage when their smartphone's geolocation detects that one has traveled outside of their home country. Revolut acknowledges that everyone's needs are different, and so its app has been built to enable persoalization at the tap of a button. This allows users to add extra coverage, or, extend the insurance to friends and family.
With Revolut, users will only have to pay for coverage on the days they're actually on vacation.
Image Credit: Revolut Via Bl