Mobile phones and smartphones are now an integral part of our everyday lives. More than being an item of luxury, they are now a necessity. Misplacing or losing a mobile phone can be harmful to an individual in numerous ways. Losing important information stored in the phone memory could create further hassles. On the other hand, loss of a mobile phone is also likely to cause substantial financial loss to the owner. In case of expensive phones, the stake is higher. Protection plans such as phone insurance policies have become popular off late. Insurance companies offer comprehensive protection plans for mobile phones, as well as other gadgets.
Any damage caused to the mobile phone could also lead to substantial expenses. In this context, mobile screens are the most fragile and exposed to damage. Mobile screen insurance policies are customised cover plans which provide financial protection specifically against screen damage. In case you own an expensive smartphone and wish to ensure sufficient financial coverage for your phone screen, you may opt for a Mobile Screen Insurance Policy.
Buying a mobile insurance policy in India is one of the smartest investments, considering a constant number of pick-pockets and robbers. One might not be able to prevent such unpleasant instances, but he/she can certainly stay financially prepared to deal with it. A comprehensive mobile insurance policy can assure high coverage sum at affordable premium charges.
Features and benefits included in a mobile phone insurance policy
Securing a mobile phone with an insurance policy is necessary for more than one reason. The same applies to any other expensive gadgets which play an important part in our everyday lives. The small gadgets insurance policy is an efficient option to protect valuable items like Bluetooth speakers, digital clocks, power banks, speakers, and so on.
Before you buy a mobile insurance policy, you need to enquire about the coverage extent and other benefits included in the plan. Here are the features and benefits likely to be present in a phone insurance plan –
- Accidental damage cover – This coverage means that replacement or repair costs incurred due to any accidental damage to the mobile phone screen will be provided by the insurer. The only condition to avail this benefit is that the mobile phone should have been in the custody of the insurance-holder at the time of damage.
- Burglary and robbery cover – A mobile phone owner will benefit from financial coverage of damages caused to the phone screen due to robbery or burglary at the insured premises or the premises as mentioned under the policy terms.
- Breakdown cover – Coverage against any sort of mechanical or electrical breakdown of the display screen is included in a phone insurance.
- Cover against fire, and other natural calamities – An insurance-holder can claim financial protection in case of damages to the mobile screen due to fire, explosion, earthquake, cyclone, or any other natural calamity.
- High coverage sum to be insured – You can avail a coverage of up to Rs.10,000 at nominal premium charges of Rs.499 per annul.
- Multiple payment options – Several payment options are made available by users to easily pay the premium fees conveniently. The payment options include net banking, UPI, mobile wallets, credit/debit cards, etc.
Extra Benefits with an Insurance Plan
- Protecting the most fragile part of a phone
Phone screens are probably the most sensitive part of a phone which is susceptible to damage even with minor impacts. Replacing the screen is expensive or not an option due to the low availability of parts. Moreover, screen damage can occur at any time, whether it is a year after phone purchase or the next day. This is why purchasing a policy for mobile insurance India is vital for those owning expensive devices.
- Cracks and scratches can lead to malfunctions
Phone insurance policies are crucial to financially protect cell phone users. Even minor cracks which seem almost harmless can grow into a bigger issue. With most cell phones functioning with touch screens, a damaged screen can have two issues. While the first remains reduced visibility on the screen, the second is more crucial since it hinders the use.
You must also make sure to have a look at the exclusions mentioned under the policy.
An essential accessory related to mobile phones is their chargers. To make sure your phone keeps functioning at all times, one also has to keep an eye on the mobile phone charger. For further protection, you can even opt for a mobile charger insurance plan.
With a simple Android application process, these insurance policies can drastically improve the safety of your expensive mobile phone. Compare the best mobile insurance plans available in the market before policy purchase.