Chase Enters Insurance Market With Launch of Insurance Bundle for U.K. Consumers

Chase has today launched its first insurance product, offering U.K. customers one of the best value options on the market for essential coverage.

Chase Protect* offers an easy-to-manage bundle of worldwide travel insurance, mobile phone insurance, and AA U.K. Breakdown Cover, available at a fixed monthly rate of £12.50.

The package is designed to provide customers with a straightforward and convenient way to protect themselves from common risks. Chase has prioritised creating a seamless app-based experience for customers looking to take out cover.

Customers can purchase and manage their cover, and submit any claims via the Chase app.

Harish Iyer, Head of Insurance at Chase, commented: “We’re excited to introduce Chase Protect, a simple and affordable way for our customers to safeguard what matters most. By bringing together essential insurance coverage in one easy-to-manage bundle, we’re helping make protection more convenient and better value – all via the Chase app.”

Chase’s insurance product is available as an add-on to its current account, with customers able to access a range of other benefits by signing up to Chase, including a competitive easy-access savings rate with the Chase Saver account, round-ups, cashback** on their spending, and much more.

The product is being rolled out in stages to customers from today.