A mobile phone insurance plan is different from a damage protection plan, although you may suppose both the plans offer the same thing – give your device complete protection. The difference is simple. Mobile phone insurance covers your phone and provides a resolution based on the insurer’s assessment of your claim, which depends on how and where the damage occurred.
Insurance buyers
Insurance buyers typically face many rules to follow for device coverage. If they don’t adhere to these rules, their damage claims could get rejected. In contrast, a comprehensive damage protection plan will cover your phone and provide a solution regardless of how or where the damage occurs.
insurance-backed
An insurance-backed mobile phone plan means that an insurance coach ensures the provider’s plans. If you see insurance mentioned in the plan, it covers you from the risk of financial loss related to your phone. The coverage depends on the circumstances and the way the phone was damaged.
damage protection plan
A comprehensive damage protection plan provides coverage for your device regardless of how or why it became damaged, which sets it apart from an insurance plan. For case, if you have mobile insurance and unfortunately, you damage your device while driving and talking on the phone, you have a reason to worry about. The insurance company won’t cover your phone because they state that you shouldn’t talk on the phone while driving. You will be liable for the damage.
phone repaired
However, it’ll be veritably delicate to have your phone repaired, unless you pay for it yourself, If the insurance company learns about this. Let’s take another illustration, say your phone is with your friend and it starts ringing. Your friend is at a distance, so he throws the phone and you miss catching it.
The phone lands flat, damaging the screen. If you share this exact story with the insurance company, they will deny your claim because people use frisbees and balls for throwing and catching, not for handling mobile phones. So your claim will bed enied. In a damage protection plan the cause of damage doesn’t count.
When your phone gets damaged, you need to find a quick fix. A company’s “No Questions Asked” policy can be incredibly helpful in these urgent situations. They will repair your damaged screen or phone.Not to forget, insurance companies also put their guests through a long and strict process for validating the claim.
This may involve onerous demand for attestation, telephonic/ physical checks, deductibles, and indeed after this there may be no service assurance. A Comprehensive Damage Protection Plan on the other hand, requires minimum attestation and gives you complete service assurance. So before you buy a plan, do read the fine print and T&C s to see the nature of the plan and its content terms.