20
Why Should You Insure Your Phone?

Why should you insure your phone

Embed Size (px)

DESCRIPTION

Insurance2Go explain why you should insure your phone. Smartphones put an enormous amount of features and processing power at your finger tips. As a result of this processing power, the cost of buying a mobile phone has increased significantly to the point where the latest iPhone 5 now retails at anything up to £699. To help make these up-front costs manageable, most network providers now require customers to sign up to long 18 to 24 month contracts. If you're signed up to one of these contracts then mobile phone insurance should be a priority. If you lose or break the phone, network providers will require you to meet the terms of your contract including the monthly repayments regardless if you can still use the phone or not. The worst case scenario to this could be you getting a shiny new iPhone, breaking it within a few months and having to pay for well over a year and a half for a phone you can't use. For more information visit www.insurance2go.co.uk

Citation preview

  • 1.Why Should You Insure Your Phone?

2. Rise Of The Smartphone Advancements in technology have resulted in a huge boom for the mobile phone market in the last decade. 60% of mobiles used in the UK are now smartphones. This trend looks to increase even further in the future. Its predicted that by 2017 43.4 million UK residents will use smartphones. Thats nearly 66% of the UK!1 3. As a result of all this amazing new technology, the cost of creating and buying a mobile phone has increased significantly. The latest 64GB iPhone 5 now retails at anything up to 699! (Correct August 2013) To make up for increasing production costs network providers require people to sign up for longer contracts. Earlier this year it was announced that the iPhone 5 was the worlds bestselling mobile phone, with a market share of 27%.2 4. Whatever happens to your phone during that time, youre required to meet the terms of your contract and pay the monthly fees. In the worst case scenario this could mean that if you break your phone a few months after buying it, if its not protected with insurance you may be stuck with it for almost two years. And there is A LOT that could happen to it 5. Mobile Mishaps 6. Submerging your phone in water is never a good idea. It could fall into your glass from your top pocket or accidently get flushed down the toilet whilst youre on the loo. With the right insurance youll be covered for liquid damage, and wont be left trying to squeeze your phone dry. Underwater Accidents 7. Washing Woes Your washing machine can quickly become your worst enemy if you leave your phone in your pocket when washing. Although an extensive 30 degree wash cycle will leave your phone squeaky clean, it might not work as well as it used too after. Luckily if you take out the right level of cover youll be protected from any Mechanical Breakdowns that occur. 8. Floor Fatalities One of the most common ways to break a mobile is to drop it. We hold onto our phones a lot, so it makes sense that theyll occasionally slip from our grip, hit the ground and shatter to bits. Do you know what else makes sense? Accidental damage being covered by your insurance policy. 9. Losing your shiny new phone to a pesky quick-fingered thief can be an awful experience. Here at Insurance2Go we sympathise with your plight, which is why we make sure youre covered against loss and theft. Well even cover you for up to 1000 of unauthorised calls. We were also the first company in the UK to add mobile wallet protection to your mobile phone insurance policies. This protection keeps you safe from fraud and comes at no extra cost with certain policies. Theft 10. Holiday Heartache Losing your phone whilst on holiday can be an absolute nightmare! It doesnt have to be paradise lost though; with overseas cover for 90 days a year, you can stop worrying and go back to enjoying your time off. 11. Self-Inflicted Shenanigans There are a lot of mobile phone cases out there which claim to be the toughest, and even though Insurance2Go offer accessory cover for up to 150, this isnt something you should try to test for yourself. You'll find very few insurers who will cover your phone if you deliberately damage it yourself. 12. Insurance You Can Trust Insurance2Go is a trading name of Loyal Insurance Services Ltd. Loyal Insurance has been trading successfully for almost a decade. Loyal Insurance Services Ltd is authorised and regulated by the Financial Conduct Authority (number 430316) giving you reassurance that youre dealing with a reputable company that is operating in a strong regulatory environment and all policies are protected by the financial services compensation scheme. 13. Why Choose us? Authorised and regulated by the Financial Conduct Authority Customers are fully covered by the Financial Services Compensation Scheme UK Company with no overseas call centres Encrypted and secure website 14. Insurance2Go Is The Insurance For You 15. The Price Is Right Our prices are far less than you will find from most high street retailers. Finally we also offer some substantial savings to customers who are looking to pay up-front for their mobile phone insurance in the form of an annual policy. Our iPhone and mobile phone insurance starts at just 3.99 a month and we have some of the most competitive pricing structures to be found anywhere online. 16. Three Different Policies Monthly Or Annual Basic Cover Monthly Or Annual Lite Cover Monthly Or Annual Full Cover iPhone excess only 50 iPhone excess only 50 iPhone excess only 50 or 75 for loss 17. Why shouldn't I cover my phone under my household insurance? Our policies are tailored especially for gadgets, ensuring the rapid replacement or repair of your device once your claim has been accepted. Household policies often have a much higher excess and a claim for your mobile phone or gadget on this policy is likely to affect your no claims bonus. 18. But dont just take our word for it Really excellent value insurance The terms and conditions were clear and not filled with jargon. Full cover for a great price! The insurance was easy to buy and user friendly with clearly labelled policy. Hassle free and contract free Great service, very quick to set up and instant cover. Excellent, easy to use, quick and great cover, have recommended to friends already and have all my families phones covered. Great value Check out http://bit.ly/17p5XbB for more reviews. 19. The Telegraph Cheap policies, especially on the iPhone 5 Lovemoney.com Listed as a best value mobile phone insurer MoneySavingExpert.com "Cheapest With Decent Cover Levels" 20. Find Out More, Visit: today to find the best insurance for your phone. 1. Source: http://www.newmediatrendwatch.com/markets-by- country/18-uk/154-mobile-devices 2. Source: http://blogs.strategyanalytics.com/HCST/post/2013/02/20/Strateg y-Analytics-Apple-iPhone-5 Becomes-Worlds-Best-Selling- Smartphone-Model-in-Q4-2012.aspx All Images Courtesy Of BigStock.com