Buying iPhones allows you to experience the best in technology and performance. However, iPhone users are generally worried about securing themselves from mishaps considering the high prices and potential repair expenses. High worth gadgets should be secured with an insurance plan that can cover such costs during the need of the hour.
With their wide variety and unique features, Apple devices have captured a significant portion of the market across the globe, and India is not an exception to this. It is quite true that today, mobile phones have become one of the necessities and most of our tasks are carried out day in day out. It is not to our surprise that most of our important business or personal communications, meetings, internet access and connectivity requirements are majorly dealt with through these handheld and easy to use devices.
While buying phone theft insurance, the following tips could be helpful to make a quick and correct decision:
1. Selecting the right insurance provider
Nowadays, multiple insurance companies in the market offer seemingly lucrative plans to the customers, but when it comes to the actual Process of enrolment or claim disbursals, they showcase hidden charges and norms which both parties knowing-unknowingly agree. This happens because of the so-called ‘reliable’ brand or a customer’s reference while selecting an insurance provider.
To avoid falling for such scams, one must consider checking for a proven track record for the insurance company, claims settlement history, number of customers already enrolled etc.
Due diligence is highly advised before investing in any insurance.
2. Claim Process
Not only during enrolment, but one needs a clear understanding of the Process followed by insurance providers during the claim disbursement process. One should get a clear understanding of the overall insurance claim process before enrolling for insurance.
3. Selecting the right amount of premium
Insurance plans are generally offered with multiple premium options available. One needs to understand what amount is suitable for their mobile phone insurance, which will ensure the affordability of the plan. It is very common for customers to accept the suggestions provided to them by either their friends, family members, known people who they consider experienced in this area or sometimes by the insurance company customer representatives.
It is advisable to exercise research on various aspects of what amount of premium would be suitable for you before deciding.
4. Look for more benefits
While enrolling for insurance, you can always check for any additional benefits you could get from this plan. It is wise to register for a plan that provides more than just basic coverage.
Being the highly reputed brand in this category of products, Apple offers the best of features available. With the fantastic experience of using these iPhones comes a responsibility to keep them secure and protect these expensive gadgets from any unwelcome incidents like theft, loss or damage.
Not only just the serenity of mindset for being secure from unwanted expenses, but the benefits of these plans also offer F-secure Mobile Security, a one-year free subscription to Zee5 and Gaana Plus Subscription, adding more entertainment to your daily life.
To opt for an iPhone Insurance from a reliable brand, Bajaj Finserv Mobile Phone Damage Protection & Mobile Screen Protection Plan are the most promising plans in the market, offering you comprehensive coverage for both mobile screen and device damage due to any accidents or liquid damages too.
Regarding the premium fees charged for these plans, Bajaj Finserv’s policies for safeguarding your iPhone come with an affordable price starting at Rs. 1499 only. For other manufacturers, it is even lesser, which is starting at Rs. 699 per year.
Following are the two major categories of this type of insurance offered by Bajaj Finserv:
1. CPP Mobile Device Protection Plan (with complementary mobile device insurance)
a. Covers cost of the device (up to 100% of base invoice value*)
b. Smartphones, laptops and tablets subscription could be availed
2. CPP Fonesafe Lite (with complementary Mobile Screen Protection insurance)
a. CPP Mobile Protect should be availed within 15 days of the device purchase
b. CPP Fonesafe Lite should be purchased within 45 days of the purchase of the device
High worth mobile phones like Apple iPhones, Samsung Mobiles. And a few of the top-ranking mobile brands offer a variety of features. But they do impose a risk of heavy expenses when they require any repairs. When such incidents happen, which are most likely to happen considering daily usage of these gadgets. They take out a significant chunk of your savings, leading to financial stress and deep distress of owning expensive gadgets. Owning quality devices has become a necessity for many businesses or even personal usage. Considering the plethora of possibilities these devices offer. Opting for insurance on your devices to avoid stress. And manage any unfortunate events like these is a wise thing to do.
