Should I Get Insurance For My Mobile?

You can get nearly everything insured now. Your life, health, home, home contents, car, pets etc. And these are things which you really should insure. Insurance is there to help safeguard you in case of loss, damage or change of circumstances which could cost you a lot of money. By paying a small amount monthly or yearly you can be covered for most eventualities.

Mobile phone insurance is something people are never sure if they should go for or not. Price of insurance has gone up to around £5-7 per month - depending on the level of insurance - and you will normally pay around a £25 excess charge if you make a claim.

Phone insurance is good to have if your mobile suddenly stops working, a part is damaged or is stolen. Most insurers can send you a phone the next working day.

There are a lot of terms and conditions which mean you may not be covered. eg. dropping in water, losing while in a pub, failure to get a police report code, certain kinds of damage. make sure you check what you are covered for in your policy before you sign.