The smartphone market in India is growing vastly with lots of new OEMs entering the highly competitive market. With so many devices available in each segment, mobile phone market is expanding rapidly and people are willing to invest even in high end devices. But there are high chances that you end up losing your high end smartphone in public transport or gets stolen or lost. There can be even chance of accidental drop or even water splash. So how to protect your device in such situations?
The best solution is to pick a mobile phone insurance. Past few years have seen lot of companies offering smartphone insurance for your device. Mobile phone insurance will be able to cover technical faults and accidental breakages and thefts of the devices. Each insurance has their own terms and conditions and also have the conditions which are excluded from coverage, so it is better to have a look at the terms and conditions offered.
Here is a list of service providers who are offering smartphone insurance in India.
1. Syska Gadget Secure:
Syska Gadget Secure gets you a complete insurance cover for your phone against accidental damages, water/fluid damage, theft, burglary and fire damage. In case your handset gets theft or if gets stolen, the insurance cover will provide compensation equivalent to the cost of replacement of the instrument by a new instrument of similar specification and similar capacity.
There are different plans available and you can choose it based on the features each plan offers. The basic plan is Rs 599 a year and it goes up to Rs 1999 per year.
2. AppsDaily:
AppsDaily provides you with phone insurance which covers theft, burglary, physical and liquid damage. It will also safeguard your phone against viruses that slow down your phone and compromise your data. The basic pricing of this service is Rs 599 and goes up to Rs 2499 for high end devices. Apps daily is compatible only with Android devices.
3. MobileAssist:
MobileAssist insurance protect your phone and all your data against loss, theft & Damage. In case of any major issues, you can call them up and they will arrange for doorstep pick-up & drop service for damage Repairs. They offer three plans based on the amount of insurance for the device and also the features offered in each plan.
They also provide you with delivery of a temporary phone if you lose your phone or it is damaged.
4. SyncNScan:
SyncNScan provides theft and damage insurance, cloud backup and spam guard. It provides coverage for accidental damage insurance and water damage insurance, theft/burglary including housebreak, riot, strike, stolen from locked/unattended building/vehicle, damage to exterior/interior components, result of external impact/deliberate act of 3rd party, fails to work – because fluid has entered internal circuits.
There are different plans available and you can pick them from Amazon.
5. Onsite Secure:
Onsite Secure provides insurance and warranty not just for smartphones, but also for tablets, laptops and digital cameras. The extended insurance coverage includes typical faults such as hardware failures, malfunctioning touch screen, charging port issues and more. As they are specialized in onsite service, they will pick the defective device, get it repaired at the authorized service centers and then sent it back to you. There are different plans being offers based on the cost of the device.
6. Warranty Bazaar:
Warranty Bazaar provides extended warranty and accidental damage protection plans for mobile phones and tablets. If your phone or tablet is not older than 90 days then you can purchase Warranty Bazaar extended warranty for phones. Accidental Damage Protection is is designed to protect the owner from the cost of repairs which is not covered by the manufacturer. 12 Months Accidental Damage Protection for phone and tablets protects your device with all damages, spills, drops and more for 12 months.
7. New India Insurance:
New India Insurance is a popular name in India as it provides variety of insurance policies including life insurance, medical and more. The company is also offering protection for your smartphones. The mobile insurance covers protection against Fire, Riot, strike, malicious damage and terrorist activities theft, accident and fortuitous circumstances.
The insurance cover provides compensation equivalent to the the cost of replacement of the instrument by a new instrument of the same specification and same capacity, including all taxes and duties.
shiv kumar aggarwal 164 chatta bhawani shanker fateh puri delhi -110006 smart phone panasonic t 45 rate 5800 date 2/04/0216 c.no 9582735555
ONSITE SECURE – King of Fraud
Please remove 5. ONSITE SECURE from your list as they are FRAUD and does not have a genuine business model. The hyperlink link that you provided for them is also FAKE. It does not direct to any website.
I can explain how they operate.
They are not dedicated to fix your phone, rather once they receive a phone/handset with slightest of the issues, they will just take away all the handy and useful parts and replace it with the non-functional parts. Also, they have a process where you need to sign an agreement/make a declaration before you can hand over the handset (to be repaired) to the pick-up executive…..the declaration goes like this: I have received my phone/handset fully fixed by ONSITE SECURE and I have no issues on this.
Just think about it… this is height of fraud….before you actually receive the fixed handset or even before the handset has been initiated to be fixed…you have to make this kind of a declaration.
The effect of which is pretty eminent….you cannot charge them on this issues explained above (functional parts replaced with Non-functional parts)…because you don’t have any option left.
Just to give you an example: if you have a problem only with the charging pin built inside the handset and everything else is working fine. You call ONSITE SECURE, they will send an executive to pick-up your handset. Now, as I explained earlier, you need to sign the agreement first (that the handset has been fully fixed by ONSITE SECURE and it does not have any issue), only then the pick-up executive will collect your handset and will send it to their workshop. Now, if this is solely an issue with charging pin, still they will re-format it (doesn’t matter even if you have requested them several times not to do it…or even if it is absolutely necessary for the purpose of repair, you requested them to inform you beforehand). The reason being (re-formatting), they will take out the best parts of your handset, like original battery, processor, chips etc., and will replace it with the defective parts which will, eventually, create a lot of other issues which you have not experienced before you have given it to them to repair.
So, you will have to call them again and again due to the new issues found, which creates a vicious cycle. In the meantime, they will also charge you with the some additional amounts which they have claimed to be paid in order to fix your phone and claimed to be not covered under your policy.
And this is not the end….the last page of the agreement which you have to sign first before handing over your handset to be repaired, states that ONSITE SECURE has made the following expenses in order to fix the item (and the amount of which is always blank)…and they will get this amount back from General Assurance (since General Assurance reimburse ONSITE SECURE for any expenses incurred).
So, ONSITE SECURE’s business model is really smart…(1) get a phone to be repaired n take out all the useful parts (INCOME NUMBER 1),
(2) Quote any amount to General Assurance for the purpose of fixing any item (INCOME NUMBER 2),
(3) Charge Customers with additional expenses which is caused due to their initial fix (replace useful parts with defective parts).
So really they deserve this title “KING OF FRAUD”.
MobileAssist is also a fraud company, have myself purchased one of their plan and now regretting.
You can go to their official facebook page and read comments if you don’t believe this one.
Main sir mobile insurance ki agency lens chata ho je
MNO=8872416887
Stop fooling people . syska gadget secure service is the most pathetic and so user unfriendly that has no match , beware of it , never give claims took ages to even get an answer from their customer support system.
Blogger you are responsible for your words use them wisely don`t make money over people`s faith .
[he probbaly took money from them to write this BS]
Well, you have to understand that this is a list post on all available insurance service available for mobile phones, we cannot take a coverage of each one and test it before writing this post. Stop making false allegations that we took money from them to write this. We never fooled people nor intend to do that. We never recommended anyone from the list nor asked out readers to buy it. You are free to buy any product of your choice, so stop complaining.
Nirmal will you recommend which is the best or you know the any company which provide mobile insurance with satisfaction.
even I m ordered the Mobile assist insurance,so i cancell it.
reply me at- [email protected]
Dear nirmal Ji please please give me advise best mob insurance.
Please give me best mobile insurance company for give batter services.
Dear Nirmal Ji,
We accept the fact that you are just providing an information. But on the other side when you are receiving negative reviews about a product, in that case dont you think its a moral duty of your’s to bring the same into picture. I am myself thugged by the stupid company Syska Gadget Secure and therefore request you to please think about the problems, harassment and loss faced by the insurance companies.
Negative reviews are available for each and every insurance company out there, not just mobile insurance, but general insurance, car insurance and more. If I were to write based on negative reviews, I don’t think there would be any company left in this list post. We are giving a list and based on that you can choose one, we cant say which is best or which is not good.
new insurace is an fraud company its services arent that good which they usually talk about ….it took almost a month for my mobile documents just to get approved and still they arent approved …..they always find some query regarding the documents which indeed arent correct ,the customer care person itself says your documents are correct we are resolving your problem ,when will they resove it ……
plz not take any policy from this company …..their services are very poor
i purchased a mobile phone worth 12999 on 13-11-2016. is it possible to register the same for insurance coverage
You will have to check with the insurance provider on their minimum time to register. I doubt if they will allow now since it is almost a month now.
Just one more input for people who want to insure ….
DO NOT GO TO ONEASSIST AT ALL.
My new handset was taken for repairs alongwith DECLARATION as follows:
I/We hereby acknowledge having received from ………………………………………………
Payment against damage of My/Our Mobile Device having IMEI No:
861112035242404, which has been repaired/declared Total to my/our full satisfaction, and I/We admit that
the payment of Rs………………………..(Rupees……………………………………………………..)
Made by NATIONAL INSURANCE COMPANY LIMITED for such repairs is in the full discharge of
My/Our claim upon the said Company under its Policy No: …………………………. in respect of the
damage caused to the said Device in an accident that occurred on the ……. day of ………….
I was told my handset is getting repaired, will be delivered on wed, etc etc. But when i checked after all deadlines, i was told that the insurance company has declared it as BER (beyond economic repairs) and hence i will get 80% refund (for a 1 1/2 month’s old handset). Also they deducted approx 500+ under some head..
Pl visit their Facebook page to find out about their services. 99% people are shouting.
Which is the biggest Mobile insurance company,because I have get insurance for mobile
Sir my Samsung j3 screen is cracked by mistake and it is 7 month old. Can i insure it
I want my Moto e power Mobile phone insurance ….So can show me the plan RS… Purchasing date 22/12/2016
There are many companies in India like oneassist, syska, times, appsdaily , Fone Essential (foneessential.com) etc.
Many of these companies offer the customer a free pickup and drop service for repairs & they usually require 14-21 days for repairs, no matter how small the problem is. Usually, the customer is left without a smartphone – the PRIMARY Requirement for Survival, during this time. I believe it is better to get the phone repaired, in front of our eyes so that our data is not compromised and most of the repairs usually happen within 2 to 3 days so there is no point paying extra for this service and living without your smartphone for such a long time.
Also, many of these services offer just insurance for such a high price – in which one can not only avail insurance, but also get many other bundled features such as web security, anti-virus, credit card security, remotely wipe data, etc. Many of these companies charge the customer for each of these bundled services separately, so keep in mind to keep an eye on the bundled services offered and so check for the price at which the services are offered.
I believe you need to update this article. Looking at consumer forum and complaint one can see that syska & appsdaily etc are not faring well. Companies like syncNscan & oneassist are doing very well & infact syncnscan is the only one which is covering Theft if I am not wrong.
I tried this time for my new phone a UK based protection company Fone-essential (foneessential.com/buy). this is an new one in the race. But i liked the product. More than insurance, they provided me security from bitdefender (i think they are rated number 3 in the world) & credit card loss.
Insurance they provide is from New India – for OLD phones as well!! The catch is you have to download the app which checks the health of the phone, and if phone is functioning fine, it sends you insurance (IMIE is picked up by app) else they refund the money!! Not bad:)
Also the price is very low – probably because they sell directly online and also do not provide pickup & drop. I have not yet had a chance to try it but I am happy with the other products. They charged me Rs 750/- all inclusive for 12k phone. Not bad.
are any of the companies mentioned above have required legal status to do insurance business in india or are they agents of insurance company…. had any one checked the commission these companies pay to retailers,, the amount of salaries they pay or the huge emoluments their ceo coo cfo takes basically all are cheating…… no one provides IRDA reg number when you question them these companies will tell they are providing extended warranty not insurance……………
I purchased insurance from Syncnscan last year in August. I filed claim in April end (this year) and it was approved and settled (though it took some time, say 20-25 days, as my documents were incomplete etc).
I would say you try from them once. I was worried before taking it as I had never seen their branding or promotions anywhere, but found it good later.
Friends ,
Recently i tried to buy an insurance with oneassist but could not buy because They don’t accept 1 week old mobile phones ,then I searched again and found Many insurance companies who are providing both insurance & extended warranty plans . After so much of research I found Capital gadget secure is the only mobile ,laptop & tablet insurance company in India ,which provides insurance for up to 90days old phones. Customer support is very good and Premiums are affordable and also little lower then other companies. Planning to buy soon ,you can also check the premiums in website .
Nice Post Thanks you so much for sharing this