I like Revolut and use it more… so I decided to try the new phone insurance feature a couple months ago.
I have received a new phone, sold the insured one and decided to cancel the insurance now.
Turns out it’s impossible to cancel the insurance, even if you don’t have the phone and don’t need the insurance anymore! You will be still charged for the whole year for a service you don’t use!
This is above all. Such a scummy insurance, it may be the fault of insurance company but I guess Revolut should check the services and companies they recommend. The particular insurance company is listed as a fraud on many review sites, they basically collect money and screw people off.
And it’s even against the law to force customers to pay for the unused service in my country.