Do you think a smart phone
worth being insured? Maybe you purchased a tablet for your kids, and the tablet
worth $400 and you spend $5 monthly to insure the tablet, and at the end of 3 yrs
,
not even a scratch on the tablet, isn't that a waste of money for insurance.
But remember that in the other hand, if the tablet issued was faulty within few
months, don't you think the insurance worth it.
Insurance is very beneficial
to most individuals and business because it serves many purposes. With
insurance of any of your property, like Smart phones (Key topic) you get to
have peace of mind because it's being insured, depending on the programs
insurance policy. You also get to have an asset protection, that is, any damage
or loss on the smart phone would be replaced by the insurance program.
Insurance programs for smart
phones help to lift the limitation of the warranty of the device, and doing
that, some factors are being considered in which the insurance policy is likely
to cover.
§ Insurance policy is likely to cover accidental damage
of your smart phone
§ Insurance policy is also likely to cover theft or
burglary of your smart phone
§ Insurance policy is also likely to cover loss of your smart
phone and many more.
But like I initiated
previously, factors are to be considered while choosing an insurance program,
like considering the monthly bill from the insurance program, compared to the
price of your smart phone.
Today's stroll, I would
review the 5 best insurance or warranty programs to go for.
·
Square Trade
Sqauretrade is known to be
one of the coolest aftermarket insurance program for smart phone. It's really
affordable with lower price and deductible. Square Trade has the regular plan
with price $6.99 per month or $125 for 2 years with 25% discount. While the deductible
is $99. It's coverage length is up to 1-5yrs, and this is depended on plan
purchased. As for plans to be covered, plans like, accidental damage,
electrical malfunction, mechanical malfunction, battery, water damage and many
more. But plans like theft and loss can't be covered by the insurance program.
From the program's insurance policy, the type of replacement is that, you would
be given new or refurbished product of that smart phone insured, cash
settlement is also included in there terms.
·
Apple Care
Apple care is another great after-market insurance program for smart phones. It's cost goes for $99 for 2 yrs, that is, $4.13
monthly, but there policy don't accept monthly payments, it's a one time
payment which lasts for 2 yrs. The deductible goes for $49 with a coverage length
of 2yrs, and maximum of 2 replacement of the product or smart phone being
insured. You can opt-in for the program after 30 days of purchase of the smart
phone.
About plan covers, it covers plans
like, accidental damages, water damages, drops, mechanical malfunctions,
electrical malfunctions, battery (that's if the battery don't last as long as
it's being specified, 50% depletion) and also service cost. But loss and theft
isn't included. It's type of replacement is very reliable with new and suitable
performance of the device.
