| When you purchase your iPhone, you may be asked | | | | down for typically one year from purchasing it. This |
| if you want insurance for it. However, it may be | | | | provides peace of mind that your phone may be |
| worth knowing that while you can buy insurance | | | | replaced or repaired if it stops working. Once the |
| cover as the same time as you buy your phone, you | | | | warranty runs out, your iPhone breakdown insurance |
| can also purchase insurance to protect your iPhone | | | | can take over and provide breakdown protection. |
| independently with a specialist gadget insurance policy. | | | | However, there may be certain exclusions which are |
| Save money on your insurance | | | | not covered, for example wear and tear, gradual |
| In some cases, you may be able to save money on | | | | deterioration, so do check the policy for these. |
| iPhone insurance when bought independently, as well | | | | Protect against accidental damage |
| as possibly get additional policy features and benefits. | | | | A typical iPhone insurance policy covers accidental |
| So it may make sense to see what is on offer and | | | | damage to your iPhone. However, check the terms |
| shop around for your cover (although if purchasing it | | | | of the policy to find out what the policy exclusions |
| independently, you will need to do this within a few | | | | and limitations are. For instance, you may not be able |
| weeks of buying your iPhone). | | | | to claim for cosmetic damage to the phone following |
| So, what can iPhone insurance (also known as gadget | | | | accidental damage. Typically if you damage your |
| insurance) typically provide protection against? Policy | | | | phone and you make a successful claim the insurance |
| benefits and features will undoubtedly vary among | | | | provider pays for a replacement or repairs (less any |
| providers, but typically cover may provide protection | | | | policy excess). The response time can be as little as |
| against theft, accidental damage (some policies | | | | 48 hours of making a successful claim with some |
| include liquid damage but not all do) and break down | | | | gadget insurance providers. |
| outside the manufacturer's warranty period. | | | | What is the excess? |
| Cover against theft | | | | Any insurance policy taken out to protect your |
| Unfortunately, gadgets such as an iPhone are prime | | | | iPhone typically comes with an excess attached to it. |
| targets for thieves, they are typically easier to steal | | | | This is the amount you pay out of your own pocket |
| and hide, due to them being small and often very | | | | if you make a successful claim on the insurance |
| accessible. | | | | policy, before the insurance company takes over and |
| You may be a victim of theft in the street, at home, | | | | pays the rest of the claim. While the excess may |
| or if your phone is taken from your car. If your | | | | seem like a lot of money to have to pay, you need |
| phone is stolen the insurance provider typically pays | | | | to compare this against the fact that without |
| for a brand new replacement, after you pay a policy | | | | insurance you may have to pay out a great deal |
| excess, providing the conditions of the theft meet | | | | more. |
| the terms set out in the gadget insurance policy | | | | Finally, bear in mind that exclusions and limitations, |
| (note the excess amount payable is agreed at the | | | | terms and conditions as well as price and cover will |
| time of purchasing the insurance). | | | | vary from provider to provider. Therefore, it is |
| Breakdown after the warranty runs out | | | | important to always ensure that you are buying the |
| The manufacturer's warranty on your iPhone may | | | | cover that is most suitable for your needs. |
| protect your phone against malfunction or break | | | | |