Device Insurance and Protection Plans

– Description: Provide comprehensive coverage plans for mobile devices to protect against unforeseen damages.
– Key Features:
– Accidental Damage: Covers drops, spills, and screen breakage.
– Theft or Loss Protection: Replacement device provided in case of theft or loss.
– Extended Warranty: Extends the manufacturer warranty for an additional 1–2 years.
– Repair or Replacement: OEM parts guaranteed for all repairs.
– Pricing: ₹10,000–₹20,000 per year, depending on the device value and coverage level.
– Target Audience: High-end smartphone users (iPhone, Samsung Galaxy, etc.), corporate users, and customers who rely heavily on their devices.
– Why It Works: Customers see this as a safeguard against expensive repair or replacement costs, making it an easy upsell for premium devices.