Chubb Develops Pay As You Roam Travel Insurance
LONDON, June 9, 2021 /PRNewswire/ Chubb has today announced the development of a Pay As You Roam (PAYR) travel insurance proposition.
The PAYR service uses digital technology to simplify the way customers access and purchase travel insurance, using mobile phone roaming data to identify when they are away from their home country, activating coverage automatically at a daily premium.
It will be made available through Chubb partners in banking, fintech and telecommunications industries. To use the service, customers must first register for free through the Chubb partner s core app, where they can also add the names of other travellers they would like to include on trips.