Mobile phone insurance has become as important as getting a mobile these days as today's mobile or smartphone has become an important part of our lives. For different reasons, like communication and business, we happen to rely on it. Loss or damage to the smartphone can lead to major issues in such a scenario. We may then opt for it in order to get financial assistance in the event of theft or accidental damage to the handset.
What is mobile insurance?
If a smartphone is lost or destroyed, the data in the system is likely to be lost or stolen, causing problems of various degrees, including financial loss. Actually, individuals spend a lot on buying smartphones and any problem with them will build a pocket void. Companies are now selling mobile insurance in India to solve such problems. These policies provide all forms of phones, including smartphones, with coverage against theft or accidental injury.
Mobile Insurance Requires
Mobile insurance is not mandatory; however, it would certainly go a long way to get one for your mobile or smartphone to save you from financial risks related to its theft or injury. In tackling different circumstances, let us understand the need for mobile insurance and how the policy will come to your rescue.
1. Theft protection: If it gets stolen, it is very difficult to recover the phone. And with the phone being stolen, you lose all your records, too. A further setback associated with the robbery is financial loss. Thus, to deal with such cases, it makes sense to get mobile insurance, as it covers the cost of a new phone.
2. Accidental breakage protection: Nowadays, cell phones are very costly, and fixing any form of breakage can be a costly affair. It may be a smart idea to get insurance of mobile, given the fact that it offers coverage against breakage.
3. Cover for water or liquid injury: Any accidental damage caused by water or other liquid to the telephone is protected under mobile phone insurance. Due to moisture or humidity, a cell phone may also be impaired, and this is typically protected by insurance.
4. High repair costs are covered: Any damage to costly phones such as Apple, Samsung, OnePlus, etc. will result in elevated repair costs. Avail mobile insurance To avoid paying heavy sums to fix a phone.
5. Protection against phone loss: You will not obtain any reimbursement under warranty in the event that the cell phone is lost. However, if you lose your handset, you receive reimbursement up to the amount insured under mobile insurance.
Claim for Mobile Insurance
Below are some of the steps to be taken either by the mobile phone insurance policyholder or by the insurance provider that has given the cover in the event of a settlement of claims. The method can, however, vary from one business to another. These are the steps:
1. Any loss or damage to the cell phone must be promptly reported to the insurance provider providing coverage either on a toll-free number or on any other proposed customer service channels listed by the company.
2. As demanded by the insurance provider, consumers must also submit a claim form. This can be achieved either online or by visiting the insurance firm's nearest branch office.
3. The client must file a FIR with the nearest police station in the case of burglary or robbery, or make a report and receive a copy of it. In the case of cell phone loss or damaged due to a household fire, certain insurance providers often demand a report from the fire department.
4. Some insurance for phone providers may request the images to be submitted to the claims assessor of the damaged mobile phone.
5. The claims will be settled in, either way, i.e. replacement or repair of the insured mobile phone, on the basis of the policy agreement provided by the insurance provider to the individual for his or her mobile phone insurance and the insurance company's internal investigation process.
6. By directly making a payment to third party mobile repair centers approved by the insurance provider for repairs, several private insurance companies settle the claim bills.
7. Some insurance providers allow only one claim settlement per policy term, while some offer more than one claim in the year of the policy term. However, the terms of the mobile insurance policy he or she has obtained must always be reviewed.
Also Read :- Why We Buy a Power Bank for Mobiles
8. During the claim process, policyholders can contact the representatives of the insurance company either by visiting the branch office or by contacting them through the online channels provided by the insurance company for any assistance.
Get your mobile phone insurance through Xtracover which includes physical and liquid damage and screen damage protection.
0 Comments