Sunday 25 December 2011

MOBILE INSURANCE


MOBILE INSURANCE

What is mobile insurance?
All of us appreciate technology and use it too. Mobile phones have gained an immovable place in everybody’s life. Mobile phones make us more organized. Mobile phones are available with mobile tracker but the threat of theft is considerable. Hence the solution that clicks in the mind is mobile insurance. It doesn’t mean that the mobile can only be theft away of lost. It can become un-repairable too or fall into the water and mobile insurance pays back in a way or the other. The single solution for all these issues is mobile insurance.

Significance:
You may say or argue that you don’t need mobile insurance to protect your phone against theft or damage. But there are a few facts which are very important to know. The person who has stolen your phone or suppose you have lost your phone, so the person possessing the phone in either of the cases can misuse the phone. In that case the mobile tracker facility will shift to secondary because prior to that you can get an endless bill and fee no way out. The reason being that the phone is under your name and can’t blame anybody else but can avail the facility of mobile insurance which will cover all these issues.
If you have purchased the phone on contract and your phone is stolen or lost, you will have to pay off all your installments until the contract period is over, though you do not possess the phone physically.

Conclusion:
Mobile phone insurance companies have come out with different approach like life insurance or health insurance. For availing the mobile insurance you need to pay insurance premiums which implies that the mobile phone will be replaced in a month or so if you have lost or damage your phone.