You just purchased your wonderful mobile phone jam-packed with all the current nice and high tech features around and after saving for two months so you're able to buy the cell phone, what goes on? You find out that you just lost it and with it your hard earned money. Now don’t say that this is simply not a possibility because if you go through the data, the best reasons people today lose a cellphone is due to legit loss and not because of theft. So having the figures, many people look for some type of insurance plan for their cell phones. But never be too hasty on parting with all your dollars and purchasing insurance yet. Are you even sure that this particular service provider you are arranging to get the insurance from will handle loss? This anticipation is well rooted since the majority of people feel it’s a agreed section of a policy but it is not. There are policies that don’t insure loss and there is good reason why. It is extremely easy to say “I lost my mobile phone” than to prove that it was stolen. If you declare that your phone was ripped off, insurance companies will inquire for some substantiation, normally a police record. That is why make sure that your mobile phone insurance covers loss and not only robbery because real comprehensive phone insurance should also insure loss as well. There are conditions and conditions which apply what your company will consider as “loss” so make sure you read the policy. Nevertheless, if your insurance plan already covers loss, is it already an added price in itself? While a few businesses have cover for loss, some charge it as an added fee and not incorporated in the common service so you are in fact losing funds and not saving. So any time you are all set to acquire your new mobile phone and you absolutely believe that its too costly to use without the right mobile insurance, then make sure you are getting a in depth one that will present benefit for your money’s worth.