Chubb has partnered with Swiss Re, data supplier FlightStats and United Networks to provide insurance that automatically pays $100 for flight delays as short as 30 minutes.

Policy options also include delays of 45 and 60 minutes, with premiums priced according to the duration. Flight cancellations and diversions also trigger a payment, mostly processed within an hour but at most within 72 hours of arrival at the destination airport.

The insurance is available through the Chubb Connect app, introduced in October with listed telecommunications company United Networks.

Delays are validated by Swiss Re using real-time data from FlightStats, with funds paid into PayPal accounts without the need to file claims or submit supporting documents.

Chubb says flight delays are the leading disrupter of travel plans and the payments help with unexpected costs for ground transport, refreshments, books, magazines and other expenses.

“With more air travel, Chubb recognises their need for tailored insurance protection and efficient service,” Chubb Asia-Pacific Head of Travel Insurance Donna Dorairajoo says.

The cover is the first insurtech product for United Networks, which will be paid a percentage of policy net premium.