| Now you have purchased a new mobile phone and | | | | additional monthly fee of around 9 GBP to 16 GBP, |
| committed yourself for the next 18 to 24 months to | | | | depending on the network and the make and model of |
| your phone network, you will probably want to get | | | | the phone. This normally tends to be the highest price |
| some insurance in place to protect your new | | | | insurance option that will be available to you. |
| investment. As you probably know, your mobile phone | | | | Secondly, you could add your mobile phone to your |
| was only given to you free by your retailer, as you | | | | home contents insurance policy, as many policies allow |
| have promised them with a guarantee of your | | | | for you to add individual personal items of value. This |
| business for the term of your contract. That is a | | | | can some times be very good value for money, as |
| guaranteed income supply for them for the next 24 | | | | you may not be charged an additional fee. Caution |
| months. | | | | should be taken though, as you will probably find in the |
| As you have assured them of guaranteed income | | | | event of a claim being made, the whole claim process |
| over the coming months, they are more than happy to | | | | could take many weeks to get resolved. It would also |
| give you a free mobile phone, to reward your custom, | | | | be wise to know the excess fee you would have to |
| as well as to attract you to the offer in the first place. | | | | pay with this method, as it could be set quite high. |
| But where would you stand if you lost your new | | | | Finally, a very popular option at the moment is using an |
| phone? Well basically, you would have to stand the | | | | independent insurance company, who is not connected |
| replacement bill, unless, you had some valid insurance in | | | | with the phone network or retailer to provide you with |
| place for your phone. The replacement cost of phones | | | | insurance cover. This is known as stand alone |
| will vary from make and model, but a rule of thumb | | | | insurance and is commonly found on the internet for |
| price would be around the 300 GBP area, with the | | | | around half the price the retailer or network provider |
| latest iPhone being in the higher price bracket of | | | | would charge. |
| around 650 GBP. | | | | All in all, it could well be good practise to research on |
| There are several common methods you can use to | | | | mobile phone insurance before you get your new |
| protect your phone, let's go over them quickly, one by | | | | mobile, thus, allowing you to have pre selected the best |
| one. When you take out your new phone contract, | | | | insurance product for you, before you take delivery of |
| you will almost defiantly be offered phone insurance | | | | your new mobile phone. |
| by your retailer or network provider, normally for an | | | | |