Cell Phone Insurance Defintions

Using the phone insurance calculator to compare cell insurance prices there are cell phone insurance terms and wireless phone phrases that you may not fully understand in the questions the phone insurance calculator asks you. Ensquared makes it clear for you by giving clear definitions below. Also go to Frequently Asked Questions FAQ on phone insurance comparisons for additional help. Ensquared mobile phone insurance articles above give you a deep and wide coverage of topical mobile phone insurance and cell insurance issues such as phone damage, broken phone, extended warranties on phone, lost phone and stolen phone that will impact your cell phone insurance decisions. The first two definitions below are Extended Warranty and Accidental Damage (ADH). Ensquared recommend Square Trade iphone insurance and Square Trade other cell phone insurance as the best combined coverage of both these items on the Internet or anywhere for that matter. We make it easy for you to buy it right here online on links provided above.

Extended Warranty

A Phone extended warranty creates longer term protection on electronic issues ordinarily covered by manufacturer in their warranty periods. In effect extended warranties cover in-built defects in handsets or any other manufacturing problem occurring that relates to non-function of phone electronics - all attributing back to the manufacturer but, notably, not negligence. It begins once the Manufacturer's Warranty is over (normally one year) and continues for a period to be agreed on with the extended warranty carrier. Extended Warranty stand-alone policies accommodate both new and used phones. An extended Warranty claim will not take effect while the regular manufacturer warranty covers the handset.

Accidental Damage from Handling (otherwise known as ADH)

This covers phone damage and broken phone resulting from drops, bangs and spills in the phone insurance policy.

It notably excludes negligent or abusive handling of the cell phone as well as normal wear and tear and loss of data. Often phone water damage from weather (as opposed to spills) is seen as a subset of natural occurrences and is generally not covered under Accidental Damage from Handling. Terms and conditions of the cell insurance policy should be read to get clarity on this.

Deductible

This is the prescribed dollar value per claim which the claimant is responsible for in terms of the cell insurance policy. So if a claim is agreed by the insurer for a $200 refund and the deductible is $50 the net refund to the claimant is $150. Most extended warranty claims carry zero deductible

Phone Lost and Phone Stolen

Generally covers mysterious disappearance as well in most mobile phone insurance policies but this category of claim requires the claimant to furnish a police report if phone stolen; report loss within a short time to the phone service provider; provide a valid invoice as proof of purchase and ownership; have a valid IEMI number being the handset's unique identification.

Monthly Premium

This is effectively the monthly cost of cell phone insurance for the elected options and coverage. In some cases the premiums are charged annually or even on a two year basis depending on the cellular insurance program taken out. Please check the terms of the policy.

Claim Limit

This refers to the maximum dollar value the phone insurance policy will cover per claim made on the handset. This limit does not mean it is the value that will automatically be paid out on the claim but denotes the maximum value the claim can go to in terms of the policy. The cell insurance carrier can use the phone insurance policy latitude to settle claims satisfactorily that may indeed in the end be lower than the prescribed limit.

Advanced devices

This term in the phone insurance context is simply the distinction between expanded function phones like iPhone, Blackberry Storm and Palm Pre versus the run of the mill cell phone devices which carry the standard features (but which itself is expanding). To eliminate confusion when assessing cell insurance and being faced with understanding the difference between a regular phone and an advanced device, or as T Mobile categorize it Tier 1 or Tier 2, the best thing is to ask the company for their lists. These change from time to time anyway as new models emerge.