Does a 1999 Chrysler Sebring have chip inside the key in order for it to crank?

No, a 1999 Chrysler Sebring does not have a chip in the key for the engine to crank. While Chrysler started incorporating transponder keys (keys with embedded chips) in some models around that time, 1999 Sebrings generally did *not* use them for immobilization. They used a more traditional ignition system.