Although not many company cell phone owners are aware of it or willing to purchase it, mobile phone insurance has recently gained popularity. Smartphone thefts and losses have become all too regular, making it even more vital for owners to ensure their devices. This safety is particularly more crucial for higher-value smartphones, as they are desirable targets for theft.

Smartphones have virtually become necessary in our daily lives since they assist us in almost everything we do. Smartphones used to have only the most basic features, but now they can handle your entire personal and professional life. Smartphones have become a status symbol in terms of purchasing power and appearance, in addition to the utility they provide.


The Benefits of cell phone insurance

Smartphones have become a necessity for virtually everyone these days, and mobile insurance can be a lifesaver. Here are just some advantages that mobile insurance offers, making it more necessary nowadays.

• Depending on the cell phone insurance you choose, you may be able to acquire a cell phone replacement (same model) for your stolen or damaged smartphone without having to downgrade to a less advanced model.

• You've just bought an expensive smartphone and want to protect it against theft or damage. In this case, a mobile insurance policy can assist you.

• If you have a history of losing or breaking phones, a mobile insurance policy is a wise investment.

• If you rely significantly on your smartphone for day-to-day tasks and require immediate replacement if it were to be damaged, mobile insurance would be highly beneficial.



Types of Coverage for Mobile Phones

Mobile phone insurance provides coverage for a variety of risks and damages to the phone. Because smartphones are electronic devices, they may be susceptible to software failure, rendering them worthless. External damage can develop for a variety of reasons, in addition to inside damage. Here are some of the common hazards and injuries covered by mobile insurance coverage.

• Internal parts damage that affects the phone's operation, such as water spills.

• Hardware failure, such as a broken touchscreen, a faulty earphone jack, or a problem with the charging port.

• Fire-related damage

• Damage caused by riots, strikes, or terrorist acts.

• Losses incurred as a result of malicious intent.

• Damage to the screen.

• Theft, house break-in, or burglary results in the loss of a device.

• Theft of a gadget from a locked vehicle or structure.

• Damage to the device's inner or outside components.


Procedure for Filing an Insurance Claim on a Smartphone

The procedure for filing a claim for mobile insurance is painless and straightforward. The purchase invoice/bill for your smartphone, as well as its serial number, must be sent to the insurance company. It's critical to file a missing phone FIR (first instance report) within the first 24 hours of its theft or loss. Within 48 hours, you can make a claim, together with the claim intimation documents and the FIR.