common people always think before buying an expensive cell phone because of few reasons such as theft, loosing it or accidentally getting it damaged by water log due to rain etc, now latest trends in mobile industry is many insurance companies both govt and private are giving insurance for almost all the handsets from cheapest nokia 1100 to expensive iPhone it is said that few thousand handsets are stolen or get lost every minute around the world and now a days people are in trend of insuring their mobile phones, so is it really worth of insuring the mobile phones paying few hundred rupees or more?
Mobile insurance cover saves us against several aspects such as theft, riots, strike, fire etc but many don't know claiming mobile insurance is not as easy as it says! because there are loads of blockers which minimizes the chances of getting back the insured amount, and whats funny is there are more exclusions than inclusions.
Its easy to get the insurance cover if somebody snatch/steal mobile forcefully from your hand than consider if you loose it in the park while you are eating ice-cream in the park and left it unattended because the policy clearly states that there is not cover for the "Unattended cases"
below is a insurance policy claim information of Oriental insurance company
Mobile insurance cover saves us against several aspects such as theft, riots, strike, fire etc but many don't know claiming mobile insurance is not as easy as it says! because there are loads of blockers which minimizes the chances of getting back the insured amount, and whats funny is there are more exclusions than inclusions.
Its easy to get the insurance cover if somebody snatch/steal mobile forcefully from your hand than consider if you loose it in the park while you are eating ice-cream in the park and left it unattended because the policy clearly states that there is not cover for the "Unattended cases"
below is a insurance policy claim information of Oriental insurance company
The policy for mobile phones provides cover against
- Fire.
- Riot, strike, malicious damage and terrorist activities.
- Theft.
- Accident.
- Fortuitous circumstances.
Exclusions under the mobile phone insurance policy are
- Mysterious disappearance.
- Theft from unattended vehicles, except from fully enclosed car that is securely locked.
- Theft, loss or damage during the hire or loan to a third party.
- Mechanical and electronic breakdown or derangement.
- Overloading and experimentation involving imposition of any abnormal conditions.
- Damage by wear and tear, vermin, atmospheric or climatic condition or gradual deterioration, inherent defect or from any process of cleaning, repairing or maintenance.
- Loss or damage due to war or nuclear perils, loss by water or from any water borne craft.
- Intentional or willful act of the insured party.
Documents to be produced at the time of claim In case of Theft :( compulsory)
- Intimation in writing to the service provider about the loss.
- Duly completed claim form.
- F.I.R copy issued by police authorities.
- Non traceable certificate issued by police authorities
- Copy of the letter duly acknowledged by the service provider for deactivation of the mobile no.
- Original Invoice.
In case of damage:
- Intimation in writing to the service provider about the loss.
- Duly completed claim form.
- F.I.R in the case of road accident and or any other documentary evidence to establish the cause of loss.
- Estimate of repairs
- Original bills and invoices
- Damaged instrument at the time of total loss.
acknowledgment
recently one of my colleague lost his cell phone in a city bus, he produced each and every document specified in the claim form from FIR, Original bill, SIM Deactivation to explanation letter etc but still his claim was rejected for silly reason that his SIM card was in his brothers name, my SIM is attached to my fathers SIM in a BSNL postpaid jodi scheme do i get insurance if my phone is lost? Insurance company only should answer.I bet 40% of mobile users in india will not be having numbers registered in their names and why the heck these insurance companies need SIM card to be registered in the policy holder name? are they giving insurance even to the SIM also?
And when i googled the net i came to know that there were tons of people who was rejected insurance for silly reasons, i think these insurance companies are more willing to reject than helping the people who have genuinely lost their mobile.
Recently i bough my LGP500 droid phone with insurance and now i think i should have done some R&D before opting for insurance and loosing few extra bucks what ever it is if any of you guys reading this post had successfully claimed the insurance amount do penn down your experience here.
Bottom line its waste to take a mobile insurance unless and until your mobile is too costly
recently one of my colleague lost his cell phone in a city bus, he produced each and every document specified in the claim form from FIR, Original bill, SIM Deactivation to explanation letter etc but still his claim was rejected for silly reason that his SIM card was in his brothers name, my SIM is attached to my fathers SIM in a BSNL postpaid jodi scheme do i get insurance if my phone is lost? Insurance company only should answer.I bet 40% of mobile users in india will not be having numbers registered in their names and why the heck these insurance companies need SIM card to be registered in the policy holder name? are they giving insurance even to the SIM also?
And when i googled the net i came to know that there were tons of people who was rejected insurance for silly reasons, i think these insurance companies are more willing to reject than helping the people who have genuinely lost their mobile.
Recently i bough my LGP500 droid phone with insurance and now i think i should have done some R&D before opting for insurance and loosing few extra bucks what ever it is if any of you guys reading this post had successfully claimed the insurance amount do penn down your experience here.
Bottom line its waste to take a mobile insurance unless and until your mobile is too costly
2 comments:
Simply insert an AA battery in the Charger and plug into your phone
People often disregard the need of acquiring insurance for mobile phones. Firstly you need think about the reasons you have acquired insurance cover for your health, motor vehicle or home and you will observe that it is something which becomes extremely essential when something happens.
Mobile phone insurance provides cover for the loss, theft or damage of mobile phones. It is important and useful to acquire insurance for expensive mobile phones so that they can be replaced or their cost compensated in the event of theft or loss.
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