As per a 2019 report, Indians spent an average of Rs.11,000 to purchase a smartphone. However, the fastest growing average price segment was Rs.15,000 to Rs.22,000. Here we are Provide some best tips of Increase your Phone Life.
With companies releasing more and more models with features that try to outdo competition, consumers are looking to buy the best product that is currently in the higher ranks.
As such, smartphone owners are now more concerned about increasing the devices’ longevity. This concern has, in fact, triggered the need to avail an extensive bajaj phone insurance policy.
Features of a mobile insurance policy
- High coverage value
While browsing through mobile insurance online, individuals should pay attention to the coverage value against each policy. Usually, an insurance policy with a coverage value of up to Rs.10,000 is considered to be more effective in increasing the longevity of a smartphone. To elaborate, with a high sum insured, policyholders can get their device repaired without being too worried about the associated cost.
- Reasonable premium
A reasonable mobile phone insurance policy premium proves useful for most smartphone users. It helps individuals even with limited income to take care of their smartphone’s longevity easily successfully without constraining their budget.
- Customised plans
Several mobile protection plans are available in the insurance market these days. It makes it easier for smartphone users to purchase a policy as per their need. For instance, individuals who already have a phone insurance plan may extend their coverage to the device’s accessories by availing a mobile charger insurance policy.
They may also check out other gadget protection plans like a small gadget insurance policy and get future liabilities pertaining to devices like Bluetooth speakers covered against.
Extent of coverage
An extended warranty does not incorporate accidental damages in its coverage. It goes without saying that most smartphones are more susceptible to accidental damages and loss than manufacturing defects.
This is why, before one decides to buy mobile insurance online, they must make it a point to check the damages that are covered. For example, individuals who tend to drop their phone frequently may find an insurance policy with accidental coverage more effective.
A perfect instance of the same would be a Mobile Screen Insurance policy, which is offered by insurance company Bajaj Finserv under its Pocket Insurance & Subscriptions.
General mobile screen insurance plans cover the following types of damages –
- Accidental.
- Liquid spill.
- Electrical or mechanical disruption.
- Natural calamities like floods, earthquakes, cyclones, etc.
- Explosion, implosion, fire, etc.
- Due to a robbery, break-in, etc.
Application process
Generally, a mobile insurance company accepts application forms online. Applicants are required to visit their website and navigate to the insurance application page to jumpstart the process.
By entering the required information and paying the premium online, one can easily apply for a suitable mobile phone insurance policy in a few minutes.
Claim process and documentation
Typically, insurance aggregators direct policyholders to reach out to them within 24 hours of damage or loss to initiate the claim process. They allow individuals to get in touch with them through – email or a toll-free number.
Claims for phone insurance in India can be raised by submitting a few documents like –
- Purchase invoice.
- Duly filled and signed claim form.
- A copy of FIR in case of theft or burglary.
In a nutshell, individuals should choose a phone insurance policy carefully to increase their smartphone’s life significantly. They should check all the features and processes involved to select an effective insurance policy altogether.
