To insure your device, you can choose to pay weekly, or pay upfront for the whole year to receive a 13% discount!
If you pay upfront, the amount will be deducted from your Revolut balance as soon as you activate your insurance. If you opt to pay weekly, the first payment will be taken from your Revolut account when you activate your insurance. The term for device insurance is always 12 months and cannot be cancelled early.
You can find your policy details in your Profile tab, under Widgets → Insurance. You will also receive a confirmation email with your policy details once you have activated your insurance.