Mobile Protection Plans for iPhone

Know the benefits of purchasing a mobile protection plan for your iPhone.
Mobile Protection Plans for iPhone
3 mins
04-May-2023

Apple iPhones are sleek devices with a very sophisticated operating system, which makes them user-friendly and extremely popular. While iPhones offer top-notch user experience, they are expensive devices. However, if there is any damage to the device or screen like a crack, or liquid spill, it can cost you a fortune. Therefore, when you choose to purchase an expensive phone make sure you also buy a mobile protection plan that secures you against unplanned expenses.

CPP Group India offers the Mobile Protect plan through Bajaj Finance Insurance Mall. It provides comprehensive financial coverage against various damages, losses, theft, and complimentary iPhone mobile insurance.

Read along to know the two plans offered under mobile protection plan and how it is beneficial.

CPP Mobile Device Protection plan

  • Covers up to 100% of the device replacement cost (accidental/liquid damage)
  • 100% coverage available for up to 2 instances during the plan term.
  • You must purchase the plan within 60 days of the device purchase date.
  • Available for smartphones, tablets, and laptops.

CPP Fonesafe Lite

Covers display-related damages for up to two instances in a plan year.

You need to buy the plan within 60 days of the device purchase date.

Easy online application

To apply for a CPP Mobile Protect plan, you only need to fill up the online application form. You can pay the premium via UPI, debit/credit card, net banking, or mobile wallet.

Have a quick look at the membership fees of the mobile protection plan.

Device Price Range (in Rs.)

CPP Mobile Protect with complimentary mobile device insurance (in Rs.)

CPP Fonesafe Lite with complimentary mobile screen insurance (in Rs.)

6,000-9,999

1,212

649

10,000-11,999

1,612

899

12,000-14,999

2,137

1,099

15,000-19,999

2,137

1,099

20,000-24,999

2,787

1,499

25,000-29,999

2,787

1,499

30,000-34,999

3,812

1,999

35,000-39,999

3,812

1,999

40,000-49,999

4,912

2,599

50,000-59,999

5,612

2,999

60,000-69,999

5,612

2,999

70,000-99,999

6,212

3,599

More than 1 lakh

6,212

3,599

 

Buy Now

Buy Now

 

Benefits of buying a mobile protection plan for iPhone

Here are some add-on benefits that plan buyers can avail of:

F-Secure device security

You can install the F-Secure SAFE Mobile app and get an assortment of security features, such as:

  • Antivirus and anti-malware protection

  • Fraudulent website protection

  • Remote device lock and data wipe

  • Theft coverage plan

  • Remote GPS phone location tracker

  • SIM card lock (locks device upon SIM card removal)

  • Scream alarm – set off an alarm if a phone is misplaced

  • SIM blocking and IMEI registration

  • Auto-scan downloaded applications

  • SIM card change – send location and SMS to a trusted number

Single number assistance

For any assistance regarding mobile protection plan benefits, the plan holder can call the customer care at 1860-258-3030, from 11 am to 9 pm.

Temporary smartphone replacement service

In case someone steals your mobile phone, you can get a temporary smartphone within 24 hours. This facility is available in select Indian cities and valid for up to 7 days. To place a request, plan holders can get in touch with CPP’s call centre.

Some additional benefits of buying mobile protection plan for iPhone:

Get ZEE5, Gaana Plus and SonyLiv subscription for one year and enjoy the following benefits on the plan:

Content in 12 Indian languages available

How to buy mobile protection plan for your Iphone

You can buy the CPP Mobile Protect plan for your iPhone protection, through the following steps:

Step 1: Click on ‘Buy Now’ button on this page.

Step 2: Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.

Step 3: Enter the One Time Password (OTP) received on your registered mobile number for verification.

Step 4: If your mobile number is present in our records, pre-filled details will appear on the form. You need to review the details.

Step 5: In case you are a new customer buying the plan, you will need to fill in the details. Provide your name, address, email address, and phone number.

Step 6: After reviewing or filling out the details, the payment page will open. Complete the online payment via one of the following options: UPI, net banking, credit/debit cards, and wallet.

Step 7: After the payment is successful, you can download the plan receipt instantly.

Deductibles applicable

Based on the price of the mobile device, there is a standard deductible for each claim unless updated by the service provider and stated in the membership document. Below is the details of the deductibles.

Handset value (in Rs.)

CPP Mobile Protect with complimentary mobile device insurance (in Rs.)

CPP Fonesafe Lite with complimentary mobile screen insurance (in Rs.)

6,000-11,999

750

500

12,000-19,999

1,000

500

20,000-29,999

1,250

500

30,000-39,999

1,500

1,000

40,000-49,999

2,000

1,000

50,000-69,999

3,000

1,000

More than 70,000

3,500

1,000


Depreciation

The claim is processed based on the phone's depreciated value, depending on its usage duration. Below table illustrates the depreciation value against your used phone.

Phone age

Depreciation %

0 - 3 months

15

3 - 6 months

25

6 - 12 months

35/50


Below is the list of iPhone models covered under the CPP Mobile Protect plan.

iPhone 15

iPhone 15 Pro

iPhone 15 Pro Max

iPhone 14 Pro Max

iPhone 14 Pro

iPhone 14

iPhone 13 Pro Max

iPhone 13 Pro

iPhone 13

iPhone 13 Mini

iPhone 12 Pro Max

iPhone 12 Pro

iPhone 12 mini

iPhone 12

iPhone 11 Pro Max

iPhone XR

iPhone 7

iPhone 11 Pro

iPhone X

iPhone 6s Plus

iPhone 11

iPhone 8 Plus

iPhone 6s

iPhone XS

iPhone 8

iPhone XS Max

iPhone 7 Plus

Frequently asked questions

How much does it cost to insure an iPhone?

The cost of insuring an iPhone in India varies depending on the coverage plan and the insurer. On average, it can cost between Rs. 10,000 to Rs. 15,000 per year. However, the premium may increase or decrease based on the value of the device and the extent of coverage required. With the CPP mobile protection plan, the cost of iPhone insurance starts at Rs. 649 and exceeds up to Rs. 6,212, based on the invoice value. It is advisable to compare insurance plans from various providers to find the best deal.

Which insurance is good for iPhone?

An insurance cover that provides coverage against damage to the mobile screen, accidental or liquid damage to the device, and also covers the cost in case of theft, is an ideal plan for iPhone insurance.

Is Apple insurance worth it for iPhone?

Whether Apple insurance is worth it for an iPhone depends on the individual's needs and budget. AppleCare+ provides comprehensive coverage for accidental damage and hardware issues, but it comes at a higher cost. If the user is accident-prone or likes to have peace of mind, Apple insurance can be a wise investment.

Can I take insurance on iPhone?

Yes, you can buy an iPhone insurance plan to protect your device theft, accidental or liquid damage. You can choose from CPP Fonesate Lite and CPP Mobile Protect to insure your Apple device, starting at an annual premium of Rs. 649.

How much is iPhone 13 insurance per month?

Apple insurance for your iPhone 13 costs approximately Rs. 500 per month. You can also buy a mobile protection plan on the Bajaj Finance Insurance Mall. The price for insurance starts at Rs. 649.

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Disclaimer

Bajaj Finance Ltd. (BFL) is merely a distributor of third party products from Assistance Services providers such as CPP Assistance Services Pvt Ltd, Bajaj Finserv Health Ltd.(BFHL), AWP Assistance India Pvt. Ltd. (Allianz), Doc Online Health India Pvt Ltd. etc. Issuance of the product is at sole discretion of Assistance Company or Services provider . The product and services or benefits assured under the product shall be governed by respective partner’s product T&C’s and BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. Your purchase of an assistance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any product. For more details on terms and conditions, inclusions and exclusions please read the product sales brochure carefully before purchase or subscription. All product information such as membership fees, benefits, exclusions, value added services, etc. are authentic and solely based on the information received from the respective value added service provider or Assistance company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.