Revolut starts handset insurance service in Lithuania

Friday 13 October 2017 | 00:14 CET | News

The UK-registered start-up Revolut, which provides financial services, has launched a handset insurance service in Lithuania in cooperation with German insurer Simplesurance, reports Vz.lt. Revolut has recently opened its branch for the Baltic States in Vilnius. The new product provides insurance cover for new handsets and tablets using a mobile application. 

The service will be valid worldwide and cover takes 30 seconds to book. Revolut has chosen the German partner because it had proposed a better price by compared with Lithuanian insurance companies. 

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