Mobile insurance is a unique type of insurance designed for mobile phone protection. It covers various risk associated with a mobile phone such as theft or loss against damage. This insurance is offered by IRDA-approved insurance companies and the coverage varies from company to company.

What's covered?

Mobile insurance offers coverage for various kinds of damage to the mobile as mentioned below:

  • In case of theft or robbery of the smartphone
  • Replacing or repairing the lost or damaged phone within 48 hours of reporting the incident
  • Protection against accidental damage
  • Coverage against liquid damage of the mobile
  • Doorstep pick-up and drop facility of the mobile phone for repairs
  • Cashless process for the coverage
  • Technical malfunctions like problems with ear jacks, charging ports and touch-screens are also covered by some companies

Mobile insurance covers offer protection against several perils and damages to the phone. Since smartphones are electronic devices, they could be prone to software failure which can often render the device useless. Besides internal damage, external damage can also occur due to various reasons. Here are some of risks and damages the commonly covered risks and damages commonly covered under mobile insurance policies.

  • Internal parts damage affecting the working of the phone, for example, due to water spillage.
  • Hardware failure such as malfunctioning of the touchscreen, faulty earphone jack or charging port issue.
  • Damage caused by fire.
  • Damage due to riots, strikes, or terrorist activities.
  • Damage caused due to malicious intent.
  • Screen damage.
  • Loss of device due to theft, house break-in, burglary.
  • Loss of device from a securely locked vehicle or building.
  • Damage to the interior or exterior components of the device.
Any person having any mobile phone/tab and its allied products which are at risk.


What does mobile insurance cover?

Cell phone insurance covers electrical and mechanical failures – but that's where the similarities end. Cell phone insurance also covers if your phone is lost, stolen, or damaged — even liquid damage. Learn if adding a phone insurance plan is worth it for you.

Can you get phone insurance after purchase?

Many insurance providers will allow you to insure a used cell phone. In some cases, however, you may need to go through some additional steps. For instance, AppleCare+ customers can insure their iPhones within 60 days of purchase.