Why You Need To Insure Your Mobile Phone
According to statistics several hundred thousand mobile phones are lost and stolen every month, and in excess of a hundred thousand phones are reported damaged.
Over 40% of all car crimes are attributable to mobile phone theft. You need specialist cover.
Regular household, office or motor policies do not offer adequate protection.
If your phone is not covered its loss/theft could result in you losing your business/personal phone number, and incurring costs for new equipment and new connection charges.
As well as running off with your phone a thief could run up your phone bill.
Can You Afford To Be Without Your Mobile Phone?
A common mistake is for people to believe that should they lose the phone or have it stolen then their contract is null and void. This isn't the case. Whether you have the phone in your possession or not, you are still liable for the duration of your line rental agreement, which could be 12 months or more.
Without insurance you have two options: keep paying the line rental for the remainder of the contract period or else replace the phone. When you sign a contract, networks subsidise the cost of the phone which keeps the price down. The networks will not replace the phone for the original price, leaving you with a bill for £450 or more.
When purchasing a phone customers should be made aware of the risks that lie ahead.
- Breakdown
- Damage
- Stolen
- Water damage
- Loss
- Unauthorised calls
Purchasing insurance should be taken just as seriously
as purchasing the phone itself.
