The world has changed, it seems that the world of insurance t Mobile Phone has also changed. The basic concept is quite similar to that of car insurance. But then the difference is that in case of a Mobile Phone you need to protect your investment, whereas for cars you are protected by the insurance policy.
As the name implies the Mobile Phone Insurance covers your investment against all the unforeseen events. There is no doubt that the reason why so many people buy Mobile Phones is to make them more useful. In case of any accident or emergency the owner gets to use the handset within few minutes. That can be great fun and excitement. But there are several other features that need protection too.
The normal insurance coverage is generally only for accidents or natural disasters. But when there is an accident on your handset there will be damage, which may be repaired. But there will be loss of money as well as the value of the phone.
So it is obvious that your Mobile Phone Insurance should also include the insurance cover against theft or loss. It is also important that your policy provides a claim payout if the insurance company finds out that your phone has been stolen. Otherwise, the mobile can be declared a loss. Even though you think you have lost it due to an accident, you cannot get a replacement for it, and your mobile phone will be considered as a loss.
However it is also true that the Mobile Phone Insurance covers all kinds of damage too. For instance if your mobile gets damaged in transit or is lost, then the insurance company will compensate you for that. Also it covers loss caused due to natural calamities such as Earthquakes, floods etc.
You should take a look at the terms and conditions of the policy before buying it. Usually it covers accidental damage, accidental theft and any damage caused by acts of nature. It is a good idea to check whether there are any special clauses for the Mobile Phone Insurance. In most cases there are not, but you should find out what kind of coverage is included in the policy before buying it.
In case your insurance does not cover your investment then it would not be a good idea to buy it. If that is the case, you should try and find another company, as this could be a case of insurance fraud.
There is no doubt that there are many Mobile Phones available, but you have to select the best one. Some of these companies can provide you with a good deal on a cheap mobile phone. but they do not provide insurance coverage.
It is not impossible to get insurance coverage for your mobile phones from reputed companies. So, always check out whether your existing Mobile Phone Insurance cover is adequate.
The Mobile Phones is not only for communication purposes. Some of them play an important role in entertainment as well. So you should check out the Mobile Phone Insurance covers available, before you buy a new one.
Nowadays there are a number of websites, which help you to find the best deals on Mobile Phones. So don’t forget to check out their reviews and get some comparisons done.
So, when you are purchasing a new phone, take your time, make sure that you are buying an adequate amount of Mobile Phone Insurance. This will go a long way in protecting your investment and also your pocket.
In general, Mobile Phone Insurance covers both the parts of the handset, which are commonly known as the LCD screen, the camera and the memory card. Most of the times the Insurance covers the entire handset of the phone. So, if your phone is damaged and you want to replace it, then you will have to pay extra on the Insurance.
Another aspect, which is very important to consider while purchasing a Mobile Phone is the Contract Fee. you need to consider it when you are looking for a cheaper Mobile Phone. If the Contract Fee is more than the total cost of the handset then you might need to purchase a better Mobile Phone.
Many times you can get the Contract Fee removed from the total cost of the phone, after the period of the Contract. This is possible only when you have made the payments in advance for the phone. However, you will have to take care that there are no hidden Charges involved in this regard.