Why You Need Mobile Insurance? Don’t Crack, Get Covered

Today, mobile phones are necessary. How do you not value your smartphone? Mobile insurance is the best way to keep your phone protected.

Mobile insurance is available for all types of smartphones. Once people a year, they insure only flagship phones like the iPhone, Samsung flagship phones and Google Pixel, but now almost every brand suggests their users insure their flagship phones. 

Though mid-segment phones also have insurance coverage. No, you can safely use your smartphone with mobile insurance. 

Why Mobile Insurance is a Priority Now?

Day by day, smartphones are getting costly. And people love to get premium segment smartphones. Even premium smartphones are available in Emi. So, insurance is becoming mandatory

I have found 7 reasons why mobile Insurance is crucial now. 

  1. For display issues – now many flagship phones get green line issues on the smartphones. Mobile insurance is a good option here that can help you to replace your screen or PDA.
  2. Any physical damage – a smartphone can fall anytime. So, getting protection can save your phone from physical damage. 
  3. Software issue – I have seen many smartphones get various software issues. Sometimes, updating software needs the service center’s help, and it is paid (just after a stranded warranty). Mobile insurance hero, you save your extra money here in this case. 
  4. Extended warranty – the ultimate benefit is getting an extended warranty as a new device even after the expiry of the standard warranty. 
  5. Theft incident – the shape can anytime be lost or stolen anywhere. Therefore, mobile insurance is a savior.
  6. Peace of mind – the peace of mind is another big concern. Insuring mobile is a good habit. You can have less or no tension about your smartphone. 
  7. Replacement at ease – with mobile insurance, you can easily replace your mobile phone accessories like screens and speakers if they get damaged during the warranty cycle. 

3 Major Reasons Why Mobile Insurance Must be a Priority:

While thinking of getting mobile insurance to protect your smartphone, these reasons you must keep in mind. 

● Cost saving – generally, replacing a flagship phone’s screen is costly. Even the midsegments are the same. So mobile insurance helps you to solve the problem. With a minimum premium, it offers you maximum benefits. 

● Opportunity of getting new – some smartphones offer the same product replaced with previous product if it is not repairable. Mobile insurance offers you the same product. 

● Offer after standard warranty – this is the major concern people love. With mobile insurance, you can get an extended warranty that may help in long time use. Even if you upgrade your smartphone with an updated model, you can get financial benefits. 

Statistics about Mobile Insurance: You Need to Know:

Around 72% of smartphone users avail of mobile insurance to protect their smartphones from unwanted accidents and damages. In most cases, people have the standard mobile insurance budget, which covers the most valuable parts like screen replacement. Even many companies offer insurance while they sell their product at a discount. 


Mobile insurance is getting more popular day by day because of its necessity. People love to axis high-end gadgets. Therefore, getting insurance is a mandatory concern. No people can understand the value of mobile insurance to protect their valuable smartphone and use it in the long run.

Frequently Asked Questions:

FAQ 1: Do I really need mobile insurance in 2024?

Answer: Mobile phones are becoming increasingly expensive, and even a minor accident can result in a significant repair bill. Mobile insurance can help you protect yourself from these financial burdens. In 2024, with the introduction of features like foldable screens and advanced cameras, repairs are likely to be even more expensive. Additionally, mobile insurance can often cover theft and loss, which can be a major inconvenience.

FAQ 2: What does mobile insurance typically cover in 2024?

Answer: Mobile insurance plans in 2024 typically cover accidental damage, theft, and loss. Some plans may also offer additional coverage, such as screen repairs or liquid damage protection. It’s important to carefully review the details of any insurance plan before you purchase it to make sure it meets your needs.

FAQ 3: How much does mobile insurance cost in 2024?

Answer: The cost of mobile insurance in 2024 can vary depending on the value of your phone, the type of coverage you choose, and the deductible you select. Generally, newer and more expensive phones will have higher insurance premiums. You can expect to pay anywhere from Rs. 500 to Rs. 5,000 per year for mobile insurance in India.

FAQ 4: What are some of the new trends in mobile insurance for 2024?

Answer: In 2024, we are seeing a trend towards more comprehensive mobile insurance plans that cover a wider range of risks. Some insurers are also offering plans that can be customized to meet the specific needs of individual users. Additionally, there is a growing trend of mobile insurance policies being offered directly by phone manufacturers or retailers.

FAQ 5: How can I choose the right mobile insurance plan in 2024?

Answer: When choosing a mobile insurance plan in 2024, it’s important to consider the value of your phone, the type of coverage you need, and your budget. Be sure to read the fine print carefully and understand the terms and conditions of any plan before you purchase it. It can also be helpful to compare plans from different insurers before making a decision.

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