Revolut card Ultra plan

The amex lounge in Sydney was without a doubt the worst I have ever been at in my entire life, so I'd say it won't be hard to compete with that. I think they are even shutting it down now?
 
Can anyone comment on the Ultra Travel Insurance policy? Given our annual travel insurance is approx $800, if the cover is approximately the same, this would make the Revolut value prop very attractive as we could cancel our annual travel insurance policy.
 

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