Gone are the days when mobile phones were used by the selected persons, but now it can be seen in almost every hand and there are millions of handsets in use. People from each category use handsets of different features to execute their works of different purposes. And now it is not merely a communication device but being used for multi-functional purposes. The incidents of mobile stealing, damage, lost in anonymity so on and so forth are also increasing day by day. So people want to have a insurance protection and be covered from the high risk that may happen to these gadgets. Seeing it as a lucrative business area, there are many insurance companies that are coming forward to protect your handset. They treat mobile as a valuable item like jewellery, car, house and other costly material of the life.

People witness many incidents that generally occur with the electronic gadgets such as stealing, damage, lost in the cesspit and others as shown by many studies and reports. Its vulnerability can be seen all around as many users are worrying because these heartening incidents are happening to them. The probability of lost and stealing is very usual with the adolescents and many of them never expected that incidents may have happened in that way also.

In the modern time the option of mobile phone insurance not only protects your valuable gadgets but also provide full compensation of your loss. In case users lose their handsets, they are not needed to pay whole amount to buy it again and insurance providers will help you out in patching the loss substantially. There are many branded mobile phone companies that have alliance with the insurance providers, so you need not to go anywhere else to search for its protection. But if you are not interested with the attached insurance service then you can register as per your choice. In the era of information technology, there are many websites that provide the options to purchase your favourite model and insurance company altogether. There are also several categories of affiliated websites where users can find both, a well performing mobile phone as well as a reliable insurance cover.

Talking of the beneficial offers that come through the policies of the mobile insurance companies, we find mainly three types of policies that are very usual. These three policies include Economy, Standard and Executive that can be found by the users as per their needs. Many offers come with one month free of cost insurance so after paying for 11 months one can avail its service for one year.

The mobile insurance companies also facilitate users to cover the data saved in phone memory. So in the condition of lost, users can claim to get their data back if they have registered for such policies. In this way it is proving to be more fruitful for the people involved in the business and they don’t want to lose the valuable data anyhow. The mobile insurance companies impose different terms and conditions depending upon their policies. For example, people have to give report to police about the incidents within 24 hours and insurance company can also investigate into the matter.

Overall, the cover of mobile insurance is a very much affordable service that mobile user should take, especially who use more expansive gadgets but pay very less attention to protect them.