There are about 35 million mobile phones, which make up for 73%, are not insured under any policy and in case of damage or losing the phone, it is the owner who has to bear the expense. Most of those people who do have insurance for their phones do not know exactly what it is that the policy covers. If you wish to gain from the immense benefits that phone insurance has to offer, it is important to buy an insurance policy and understand what it entails.
If you have decided to benefit from the features of mobile phone insurance, there are some important questions regarding the policy that you need to ask before buying it. The first and foremost question is whether or not the policy offers a backup service for the data in your phone. Another question that is important about insurance cover is if the costs of your apps on the phone are covered upon getting lost.
Once the above questions have been addressed, you should inquire about the features of the policy regarding handset replacement. There is another aspect of the insurance that you need to clarify. This is regarding the term of the cover and whether the terms of the phone insurance is the same as your phone contract.
Make sure to consider that cost is the most important factor in your mobile phone insurance and you should make sure to know exactly what the total cost will be if you include the admin fees and excess costs. Ultimately, it is the factor of cost, which is going to decide the most viable policy for your phone.
When you have found out all the features of a certain mobile phone insurance policy, you should consider all the alternatives and compare the features of the policies and the quotes of each of the insurance providers and then decide the best one.