Contents
About
Mobile insurance has recently picked up as the people have started using high-end cellphones. Which is why there is more mobile phone theft than ever before. And this has made every user cautious to buy insurance online that would benefit them. If you’re running an agency, they should first consider learning How to build your own insurance agency and how to hire and retain young insurance agents. In addition to this, learn how to market your agency now.
People are buying smartphones that’s the price is as high as some lakh. So, is it a surprise that many people have started to buy insurance online for this? Certainly not. Moreover, it saves the smartphones from accident, drops, water spillage, screen crack, or a variety of other reasons. Learn more on How to become an Insurance agent in India.
Benefits to buy insurance online
Mobile phones nowadays have become an important/necessary piece of technology. So, with that being said it is important to know what are the benefits one get by getting if you buy insurance online. These are:
- Safety against theft. As mentioned before, if you want to claim insurance in case your mobile phone is stolen, then you better take the insurance. Learn what are some life insurance policies and plans now.
- If you have a record of instances of having lost or broken your previous phones, do make a smart decision by considering buying insurance. Must read on how you can sell insurance via phone.
- According to the policy you have chosen, you will get a replacement for your stolen or damaged smartphone (the same model), without downgrading to a lesser advanced model.
- If you need your smartphone every day, then wouldn’t it be better to have an option of immediate replacement in the case of theft or damage.
Mobile Insurance Covers
Every mobile phone insurance policy provides protection against a variety of peril and damages to your phone. Consider reading on what is the insurance agent commission structure now. In the case of software failure, your smartphone might become useless. Keep learning on whether you should buy insurance online or offline. Not only inside damages, but external damages can also occur due to various reasons. Which is why we will list out some of the risks and damages that comes in the case of mobile insurance. Must read on how you can sell insurance hassle-free from home.
- Due to water spillage, the internal parts stopped working
- Some hardware failures including malfunctioning touchscreen, faulty earphone jack or charging port problem.
- Protection against fire
- Any damage occurred due to riot, strike, terrorist activities.
- Any damage due to malicious intent
- If there are any screen cracks
- In the case of your cellphone stolen due to theft, house break-in, burglary
- If there is any damage to the interior or the exterior components of the device
- Loss of device from a securely locked vehicle or building.
Mobile Insurance Exclusions
Now you have the knowledge as to what is included in the case of mobile insurances. Read on what are the top 5 secrets an insurance agent won’t tell you now. But it is equally important to know what isn’t. So for that, we present you with the list of exclusions in the case of mobile insurance covers. In addition to this learn whether choosing car insurance through agent/direct: which is better?
- In case you don’t know the reason for the missing phone.
- If the phone is stolen from an unattended building or vehicle. Moreover, if the theft of the mobile phone is from vehicles that are left unattended.
- Any damage occurred or the phone is lost during the period when it was being used by a third party (other than the owner of the phone).
- The phone is damaged due to mechanical or electronic breakdown.
- If there is a case of overload or experimentation under any abnormal conditions.
- Routine wear & tear of the device has led damage to the phone.
- Any climatic/atmospheric changes led to damage to the phone.
- If the damage is done due to malicious act or willful intent of the owner of the phone.
- Any damage or defect occurs while the process of cleaning or repairing of the device is in progress.
List of companies Providing Mobile Insurance
- AppsDaily: This app provides anti-theft protection if you buy insurance online through its app. There are some other features as well included in the app like cloud scan, call management, battery optimizer, etc. Keep reading on ‘Online or Offline Agent: Whom to buy Insurance from‘.
- OneAssist: If you wish to avail a one-stop-shop platform that provides insurance protection for daily items of if you buy insurance online, such as mobile phones and tablets, wallets, laptops, and home appliances, then OneAssist is the right for you. OneAssist promises cashless repair services using spare parts that are 100% original. It also assures free pickup and drops services to the insured. Learn what are the different types of insurance agents.
- SyncNScan – SyncNScan insures the cellphone owner from theft and damages by violent means. Through this, the system automatically backs up data and restores it when needed. Other features of the app include deleting viruses/spam messages and finding/locking the lost phone. In addition to keeping your phone safe, shouldn’t you keep life insurance to keep your family’s future safe?
- OnsiteGo – OnsiteGo is famous for protecting your devices in a hassle-free and transparent manner. The signature product of OnesiteGo protects your devices even after the manufacturer’s warranty has expired. The insurance also includes physical/liquid damages to the product.
- Times Global Insurance – Times Global Insurance provides insurance coverage for screen damages, theft of the device, display/camera issue, liquid damage, malfunctioning, accidental damage or breakdown. You don’t have to go for any elaborate documentation to carry out the purchase of the insurance and just choose to buy insurance online. In addition to the insurance, a user will get No claim bonus facility, if he/she does not raise any claims in a year.
Buy mobile insurance online Insurance Claim Process
The process to file a claim m under mobile insurance is simple and hassle-free. In order to file a claim, you must provide the insurance provider with the purchase invoice/bill of your smartphone, along with its serial number. Also, you must file an FIR (first instance report) for the missing phone within the first 24 hours following its theft or loss. You can file for a claim within 48 hours, along with the claim intimation documents and the FIR.
We at WealthBucket ensure your easy process of acquiring mutual funds. By using our professional services and expert guidance, we ensure that you get the maximum out of your investments. For this, we invest in a mix of many mutual fund schemes that include investing in Equity funds, Debt funds, Large-cap mutual funds, small-cap mutual funds, and the list goes on. So, what are you waiting for? The time is now to start investing small amounts and see this amount grow in millions in the years to come.
You can give us a call at +91 9999379929 or email us at contact@wealthbucket.in
[su_button url=”https://www.wealthbucket.in/insurance-agent/” target=”blank” size=”6″]Become Insurance Agent[/su_button]
Related articles
Life Insurance Vs Mutual Fund Agents : Who Earns More?
