Why Getting Cellphone Insurance is the Smart Thing to Do
Are you smart enough to get smart cover for your cell phone? If not, there is no time quite like the present to ensure that your all-important device is taken care of, whether stolen, lost, broken when dropped, or if it falls into a puddle of water. Smart technology is growing in popularity in leaps and bounds, so play it safe by taking out cellphone insurance to ensure you are protected against all eventualities.
How to Insure Your Smart Device
A standard household policy usually covers your tablet against theft or damage, but because these devices are portable, they are not covered when taken away from the home or the office. Your broker will in all probability advise you to take out specified cover under the all-risks section of your insurance policy to ensure you have sufficient insurance cover. This will usually apply to your cellphone, tablet, and any other smart technology you own.
It is imperative that you check whether your device is covered under your unspecified all-risk insurance, as we often presume these will automatically be insured.
What Value Should My Cellphone be Insured for?
Bear in mind when you insure your smart device that you need to insure it for its replacement value. The insurance service provider will need to replace the phone or tablet with the same or a similar device. They will either give you a voucher for the full replacement value, or they will pay you out in full.
Your broker or insurance company will request a repair quotation or a receipt that proves the value of your device and its serial number. It is also smart to keep on record copies of all receipts relating to your device with a copy of the serial number for easy claiming.
If you have purchased your device overseas, you will need to furnish your broker with this information. Take note that cellphone claims are sometimes rejected if the phone is blacklisted or if you cannot provide an International Mobile Equipment Identity number, also referred to as an IMEI.
Cellphone insurance can save you thousands of Rands and loads of stress. No need to worry about the cost of repairing a broken phone or having to replace a stolen device. You can insure your smart devices today and get peace of mind.
