| Very few companies worldwide provide mobile phone | | | | while selecting a particular mobile insurance plan. |
| insurance plan. The main characteristic features of the | | | | The most important feature of a good mobile phone |
| mobile insurance companies is that, they work on 24/7 | | | | insurance is that it should cover all the risk factors |
| hours basis. Therefore, the person can contact the | | | | relating to the handsets. The other noteworthy feature |
| insurance company any time for any query or in case | | | | is that, the insurance premium should be less. Many of |
| of any problem. | | | | the mobile insurance companies provide online service. |
| The mobile phone insurance plans are generally for | | | | Thus the people can easily browse the websites of |
| contract & pay as you go mobile phones. | | | | the leading mobile insurance companies on their |
| However, some companies also do have insurance | | | | computer and select the best among them for the |
| plans for simfree handsets. The statistics worldwide | | | | purpose. The advantage of the online mobile insurance |
| suggests that,there has been rise in the mobile theft | | | | is also that insurance application is approved in a faster |
| cases during past 2-3 years. Therefore, owing an | | | | pace usually in 10 minutes to 24 hours. The insurance |
| appropriate mobile insurance plan will certainly keep the | | | | amount is sanctioned to the mobile insurers within 48 |
| handset owners relaxed. | | | | hours of the receipt of theft or damage reports of the |
| The chances of damage of the mobile phones is also | | | | handsets. |
| high, when people go outside of the home. The | | | | People having contract mobiles benefits the most. |
| handset may get damaged if it accidentally fell on the | | | | Many people purchase contract handsets which are |
| water or fire from the user's hand. | | | | also cheap and carries upto 24 months contract deals. |
| The handset may also get damaged if it fell on the | | | | However, if the handset is lost or damaged before the |
| water and crushed by the moving vehicles such as | | | | expiry of the contract period, the free offers is also |
| Bus, truck etc. Handset owners also be little bit | | | | lost.Thus the people will have to bear the costs of the |
| disturbed due to unauthorized use of their handsets. | | | | new mobile as well as the costs of the mobile service |
| The unauthorized use of the handset means making | | | | provider. Many mobiles, which has high features like |
| local, STD or ISD calls by other persons without taking | | | | windows operating system, large inbuilt memory, High |
| permission from the handset owners. This increases | | | | resolution camera, touch screen etc. are costly. |
| the mobile bills of the handset owners and they have | | | | If the people will accidentally get their costly gadget |
| to unnecessarily bear this burden. Therefore, to | | | | damaged, lost or stolen, then certainly they will find |
| makeup for any financial losses due to damage or | | | | difficult to purchase a new costly handset. Therefore, |
| unauthorized use of the handset, people should choose | | | | the mobile phone insurance is the need of modern |
| a mobile phone insurance plan. | | | | days. |
| People should always keep many factors in the mind | | | | |