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Insurance2Go launches industry first mobile phone insurance policy

Insurance2Go launches industry first mobile phone insurance policy

Insurance2Go launches industry first mobile phone insurance policy There are many mobile phone insurance policies on the market – but the provider of this policy claims its’ is unique.

Insurance2Go has released a brand new policy covering loss and theft for £4.99 a month or £54.99 a year. Crucially, the policy will only cover loss and theft for the phone owner which has allowed it to cut the cost considerably.

The reason the policy has been introduced is because it coincides with the iPhone 7 offering a water resistant feature much like many of its competitors. As such, consumers had suggested to the firm that cover for water damage was no longer necessary – and so the company has introduced an industry-first policy.

According to Duncan Spencer, managing director of Insurance2Go, the move reflects a changing marketplace for mobile phones which now include features such as tempered glass screens and protective phone cases that make expensive policies to cover the cost of fixing phones less important. 

“The new policy is something we’re really excited about,” he said. “Having listened to our customers and kept up to date with the changes within the smartphone industry, it seemed only right to release this policy.

“We’re expecting it to be a huge success with the recent release of the water resistant iPhone 7, as well as the water resistant Samsung Galaxy phones already on the market.”

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