People having expensive mobile phone should no longer worry about their loss and theft now as  Nokia and New India Assurance (NIA), a leading global insurance group, wholly owned by the Govt. of India have come out with a unique insurance plan which would protect their phones from thefts, and burglary.
 
The plan will be available March 14, 2013 onwards on all Nokia devices purchased through Nokia Branded Retail stores across the country, initially in Delhi and the National Capital Region, Jaipur, Mumbai, Ahmedabad, Pune, Kolkata, Chennai, Hyderabad, Bengaluru and Cochin.
 
The insurance would cover malicious acts, riots among others, as well as damage that is beyond the purview of the consumer’s standard warranty.
 
The plan is valid only for the Nokia devices and covers Nokia devices against third party threatening to use violence resulting in damage or theft of device, accidental damage to the exterior/interior components, damage caused by external impact on the device due to dropping and/or other deliberate action by third party.
 
It also includes damage caused by accidental entry of fluid in the device’s internal circuitry, theft & Burglary, loss of device through housebreaking, loss of device riots, strikes and other malicious acts
 
"Starting from a minimum insurance premium of just Rs. 50/-, the plan will cost 1.25% of the purchased handset’s value. To avail of this insurance plan, consumers purchasing their handsets from a Nokia Branded Retail Store have to provide a few personal details and receive their insurance certificate, handout and payment receipt at the store itself”, Nokia said.
 
Segar Sampathkumar, General Manager, New India Assurance, said, “ Based on our deep understanding of the segment, we are looking to provide Nokia consumers with a seamless solution that is as easy to claim, as it is to buy.”
 
Kannan Gopalakrishnan, Director Retail, Nokia India said, “The NIA insurance plan is aimed at safeguarding Nokia consumers against the angst caused by loss, theft or damage of their devices, while offering them an affordable and effective solution to protect their investments. We believe with the changing consumer landscape and the growing penetration of smartphones in India, this plan is sure to see strong uptake amongst our consumers.”

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