Mobile phones are integrally infused in our day to day lives. However, with the growing demand for high tech smartphone, the report of damages that can affect the device has also increased. With delicate screens, chargers and ports, mobiles need to possess an insurance of their own.
According to the report, around 1.45 % of smartphone users accidentally damage their phone. It is thus a need of the hour to avail Mobile insurance as they protect the owner from any financial loss experienced when their device gets damaged.
Regular usage can cause damage to your screen, and repairing a mobile screen can prove to be extremely pricey. In such situations, it is advisable you avail mobile screen insurance beforehand to save yourself from sudden overhead expenses.
What is Mobile Insurance?
This type of insurance provides financial coverage for different perils and damages that might happen to our mobile phones. Electronic devices such as phones are prone to software dysfunctions that often render them useless. For availing Mobile insurance policy, you can opt for Pocket Insurance & Subscriptions by Bajaj Finserv which provides financial assistance for the damaged phone screen and phone charger.
Features of mobile insurance policies
- Your mobile screen is the most significant component of your phone. Any damage occurred on the screen can render your phone useless. Mobile screen replacements are troublesome and may cost you a fortune. To protect yourself against the financial burden, you can avail an insurance policy. Bajaj Finserv offers Mobile Screen Insurance policies that provide you coverage of up to Rs. 10,000 with an extremely affordable premium of Rs. 499 per month.
- Pocket insurance & Subscriptions provides financial coverage against the accidental breakdown of your phone screen or phone charger.
- Screen damage or loss of mobile charger due to riots, accidental fire, etc. falls under the list of cause of accidents when you can claim the benefits of the insurance.
- In case you lose your mobile charger within your insured property, you are eligible to claim reimbursement against a mobile charger insurance These insurance policies provide hefty financial coverage which can reach as much as up to 5000 for just a premium of Rs. 299 per month.
- The insurance policy assures you a hassle-free claim reimbursement at times of need. They have multiple payments options for your convenience. For online transactions you can use credit/debit card, mobile wallets, and UPI payments, as well as bank transfer.
How to apply for Pocket Insurance & Subscriptions?
The method for application for both mobile screen insurance and mobile charger insurance is quite easy. You need to visit the website of Bajaj Finserv and fill the application form by downloading it from their website. Lastly, you have to pay the monthly premium by using any one of their online payment methods.
Documents required for claiming the benefits of insurance
- Claim form that is duly filed.
- FIR document, in case the damage is caused by theft or burglary within the insured premises.
- Invoice of the premium paid
- Certificate of insurance
Therefore in order to safeguard yourself from sudden expenses incurred by mobile screen damage or mobile charger breakdown, you need to avail an insurance policy. As replacing your mobile screen or buying a new mobile charger would be a significant amount to spend. The Pocket Insurance & Subscriptions offered by Bajaj Finserv releases you from the burden of paying a hefty amount in repairing it.