Good News, for those who are spending more cost for their mobile phones and worried about loosing it. India has over 32 crore mobile users.According to the Home Office Research Study 235, One third of all robberies involve a mobile phone only and it indicates every month more than 23 lakh mobile phones are lost. The stolen mobile phones marketplace is so profitable that the second-hand market is expected to have an annual turnover of over Rs.200 crore in India.
Why Do We Need Mobile Insurance?
Mobile phone theft and loss is common in the India, on an average, about 150 mobile phone instruments are either stolen or snatched or lost in the Chennai Metropolitan Police area.
Mobile phone insurance is an benefit to all the mobile users in terms of safety and risk free protection as well as peace of mind.
This is “protect more for less” policy, a totally customer friendly and a cost effective approach. With increasing number of thefts, losses and other damages to mobile phones, it has become necessary to opt for mobile phone insurance. This protection cover includes insurance up to Sum Insured.
Coverage’s
It offers insurance Coverage’s for those mobile phones damages:
1) Cases of Theft
2) Due to Accident
3) Lighting
4) Fire
5) Malicious Damage and
6) Riot & Strike
Exclusions
Loss / damage to Sim / Memory Card.
Loss / damage to home set stirring outside India.
Loss arising out of normal wear and tear.
Loss / damage caused by determined act of the insured or his family member.
In case of theft
- Claim from duly completed in all aspects.
- Original complaint to the nearest police station with their acknowledgment.
- You should submit the original invoice of the missing Mobile Phone.
- Duly acknowledge of letter addressed to the service provider for deactivating the SIM card.
In case of Accident damages, fire riot, strike and malicious damages
A. Claim from duly completed in all aspects.
B. Original complaint to the nearest police station in case of riot, strike and malicious damages.
C. Occurrence report/fire brigade report as applicable for fire loss.
Mobile phone theft and loss is common in the India, on an average, about 150 mobile phone instruments are either stolen or snatched or lost in the Chennai Metropolitan Police area.
