What is mobile phone insurance and what is it worth?
Mobile phones. Not only are they the centres of communication and entertainment, but they play a huge part in our social lives. So when something happens to your phone, it can feel a little like you've lost a lifelong companion. Not to mention that you may need to find a few hundred pounds to cover the cost of a new handset.
If you've experienced that moment of dread when you realise your phone's disappeared, then you might want to consider mobile phone insurance.
To help you decide whether of not you need mobile phone insurance, here's the lowdown on what it will cover, and whether buying mobile phone insurance is worth the investment.
What is mobile phone insurance?
Mobile phone insurance works like any other form of insurance that covers the cost of broken, lost, or stolen items. In the event of a claim, you will usually receive a settlement that equals the amount of cover you've requested at the start of the policy, or a replacement smartphone - however, this will be dependent on the type of cover you've taken out.
What does phone insurance cover?
24 hour replacement
New for old replacement
Phones and gadgets covered anywhere in the UK and up to 30 days worldwide. Plus, we’ll replace them within 24 hours* of your claim being approved.
Insure multiple gadgets and get up to 15% off!
Gadgets must be under 3 years old when you take out your policy with Endsleigh.
Is mobile phone insurance worth it?
When deciding whether or not to insure your mobile phone, you should treat it the same as insuring any of your other belongings - if you can't afford to lose it, then it's probably a good idea to insure it.
Have a history of losing or dropping your phone?
Buying mobile phone insurance could mean that you save money on buying replacement phones, and reduce the risk of being without a phone when you rely on it.
If the cost of replacing your expensive handset makes your eyes water, getting mobile phone cover may help give you the peace of mind that no unexpected costs will arise because of a missing mobile phone.
Rely on your smartphone?
If your smartphone is an integral part of your life, whether it's storing personal data, recording lectures or organising your schedule, you won't want to wait until you can get hold of a replacement.
So, is mobile phone insurance worth it? Well, if your smartphone is a large part of your life, there's nothing worse than the realisation of a missing phone. If that sounds like you, taking out mobile phone insurance could give you the peace of mind that you need.
With over 50 years’ experience providing insurance solutions to students and graduates, Endsleigh understands what’s important to you. So, we shape our products and services to meet your ever evolving needs, protecting your valuable items throughout university and beyond. Whether that’s for your car, gadgets or travels, you can be sure we will give you peace of mind, leaving you to enjoy all your adventures.