Posts Tagged ‘Insurance Companies’
Selecting the Perfect Mobile Phone
If you are in the market for a new mobile phone, then you have to familiarize yourself with all the options that may be available. To start, you should determine which kind of mobile phone you would like to purchase: a Droid, LG, Blackberry, etc. Making the right decision may seem easy, but there are major differences between each phone.
One way individuals select a mobile phone is to focus on key features. Individuals can compare the programs and features of a phone in order to make a decision. Individuals should also determine what type of services that the service provider offers. Some networks are great, while others need improvement.
Mobile phone users should also consider purchasing phone insurance. This type of protection will cover your device against accidental or liquid damage, as well as theft, loss and fraudulent calls. In addition, insurance companies that offer quality cover will provide their protection anywhere in the world and for extended warranty breakdowns — all for as little as £2.49 per month.
Falling On Your Mobile Phone
The size and shape of mobile devices allow the user to carry the phone anywhere, which means the mobile phone user can place it in their front pocket, back pocket, purse, backpack, briefcase and more.
However, if the mobile phone user carries their device in their back pocket, they are more likely to experience damage to their phone. This is because the device is susceptible to damage when a person sits down or falls on the ground. The body weight that will be placed on top of the device can potentially damage the device.
Mobile phone insurance is a practical way to protect a mobile phone from damage. It also covers theft, loss of the device, liquid damage and fraudulent calls. In addition, some insurance companies will provide this protection anywhere in the world. If you want to protect your mobile phone from damage, then you should purchase mobile phone insurance today — it’s available for as little as £2.49 a month!
What is Mobile Phone Insurance?
Mobile phone insurance is a specific type of insurance cover that protects a mobile phone device. An insurance company that provides this cover will repair or replace the device if a certain event occurs. In exchange for this cover, the insured agrees to make scheduled monthly or annual insurance premiums payments to the company. If a covered event is experienced, the insurance company will require that the excess fee be paid in full before the insurance claim process can commence.
The insurance company that is providing this type of cover will protect the mobile phone user from various events that can include:
- Accidental damage
- Liquid damage
- Fraudulent calls
- Theft
- Loss
In addition, if the insurance company is a reputable company, they will provide this cover anywhere in the world. Not all insurance companies are alike, so you need to make sure that you are purchasing mobile insurance from a reputable company. Insuring your phone will save you money in the long run!
Mobile Phone Insurance Fraud & The Credit Crunch
Mobile phone insurance fraud is up. No question. The figures inside every insurance company speak volumes.
There are plenty of people who have bent their ethics and scruples for the sake of a new phone and now potentially face jail. Police are taking this very seriously as well.
Hartlepool Police recently issued a warning to anyone considering commiting phone insurance fraud that they will face investigation and potential prosecution and jail.
Phone insurance companies like Mobile Phone Insurance UK have all said they are finding more ‘suspicious’ claims than in previous years.
A key part of this is attributed to the credit crunch. With money being stretched people are trying to find ways – even illegal ways – to make their money go futher.
The unfortunate thing is it could take you all the way to the inside of a nasty prison sentence.
The Metropolitan Police are rigorous on falsely claiming a phone as stolen when it was not. Phone theft claims and stories are checked if corroborated by CCTV footage across London. Similar situations are going on in most cities.
As well as the opportunistic insurance fraudsters we have also seen a growth in what can be analysed as calculated and premeditated insurance fraud. That is, that the purchase of original phone insurance policy was with the intend to defraud the insurer.
Frankly it is not worth it.
Not only is it completely immoral and illegal it just plain is not worth the downside.
Detective inspector Keith Groves of Hartlepool Police told the Hartlepool Mail: “We are aware that some mobile phone thefts are false allegations for mobile phone insurance claims.” However, he warned: “People think by falsifying a story they can receive a free upgrade or a new phone but it wastes police time and it is against the law. Recorded crime is fairly low at the moment and it is allowing us to take more time pursuing these false mobile phone insurance claims.”
Think about your credit rating. Information is made available in between insurance companies, and with credit scoring agencies. What do you think is likely to happen to your chances of getting a mortgage again next time if you have had a ‘suspicious’ insurance claim, which for insurance companies and risk assessing agencies will read as ‘probable insurance fraud’. That is what these phone insurance fraud criminals need to think about – the bigger picture.
It is an unfortunate reality of human nature that ethics and morals are negotiable in times of financial trouble.
Such is life. Lets hope with the improving ecnomic climate, as we climb out of this credit crunch, that we see improvements in phone insurance fraud
Over 1.5 Million Phones Lost Yearly
It’s not until you become the unfortunate victim of a mobile phone loss, theft or breakage that you begin to realise one of two things. Either just how important it was that you insured your phone, or you realise just how stupid you are that you didn’t insure your phone.
At the time you buy your phone, the retailer will almost certainly try to sell you an insurance. There are two problems with this. First of all, you will be so interested in the features of your new phone and getting it home to have it up and running that purchasing insurance is an inconvenience.
The second and main problem is that getting your phone insured at the place you buy your phone is probably going to be quite a bit more expensive (and cover you for quite a bit less) than a specialist online insurance.
Over one and a half million phones are lost or stolen every year. In particular, the iPhone is such a great target for theives. The fact that its a superb phone packed with the latest technology makes it very desirable.
But it’s equally desirable to criminals, so if you own such a phone, getting it insured against these risks should be a priority.
Make sure the policy covers you for loss, theft and damage as a minimum.
In addition, better policies should cover you against water damage, the cost of any fraudulent calls made from your phone after being stolen, as well as cover for all of the above when travelling abroad.
