Revolut has introduced travel insurance for its Premium and Metal account holders in Australia and New Zealand through a partnership with Chubb.
The service will be available to new and existing Premium and Metal customers. When customers use their Premium or Metal card for travel-related purchases, they will gain access to travel insurance benefits.
The insurance package includes cover for overseas medical emergencies, lost or delayed baggage, lost or stolen travel documents and valuables, personal liability, and rental car excess. In addition, customers and their spouse and children travelling with them will be covered for trip cancellations and interruptions.
This insurance protection applies whether Premium and Metal customers are travelling overseas or domestically.
The introduction of travel insurance builds on existing perks already available to Revolut's paid plan users, such as higher foreign exchange limits, access to airport lounge passes, and lower fees for investment products.
Charlie Short, Head of Growth APAC at Revolut, commented, "We're committed to continuously delivering value for our customers by expanding our lifestyle offerings. With the launch of travel insurance for Premium and Metal account holders in partnership with Chubb in Australia and New Zealand, we're further enhancing our market-leading travel product suite."
"This new benefit complements the range of features already available, from fee-free global spending to exclusive airport lounge access, giving our customers even greater confidence while traveling, either in Australia, New Zealand or overseas."
Ben Howell, Country President for Chubb Australia and New Zealand, said, "At Chubb, we are constantly redefining what an insurance company can do, and our partnership with Revolut does just this—providing customers with relevant and affordable travel insurance. We look forward to working with Revolut to deliver leading digital insurance solutions to meet our shared customers' needs."
According to Revolut, paid plan customers can review a detailed comparison of benefits between different plans for Australia and New Zealand.
The addition of Chubb's travel insurance services is part of Revolut's strategy to augment its global travel product suite for customers, which the company says now exceeds 50 million worldwide. This latest offering reflects Revolut's ambition to evolve beyond banking by integrating more lifestyle-focused services, tailored for modern travellers' needs.
