If you are planning to buy a LG mobile in the near future, then you will be happy to find out that there will be a free insurance scheme that you can avail of for mobile theft. LG Electronics has joined hands with United India Insurance Co. Ltd and is now offering its in India a Mobile Theft Insurance Plan without having to pay anything additional.
Any LG GSM phones purchased on or after 1st April 2008 can avail of the additional insurance scheme. There have been several requests by mobile users and finally their requests are answered by LG.
Anil Arora, Business Group Head, LGEIL said, “Loss of mobile due to theft is a major concern for handset buyers. Customers stretch their budget to purchase latest handsets, and cannot afford to lose them. LG Mobile Theft Insurance plan would provide a perfect solution to this. We not only guarantee for providing the best phones in the market but also guarantee to safeguard customer’s interest in case of mobile theft.”
To avail the free insurance scheme, the mobile user has to follow a few simple steps:
It is always advisable that the mobile user blocks the SIM card from the mobile network provider and to add in documents of proof, the mobile user also has to lodge a FIR within 24 hours of the theft. Certain LG GSM mobile phones feature LG’s Anti Theft Mobile Tracker (ATMT) and this enables one to track their stolen mobile phone, as soon as another SIM card is inserted.
However if the ATMT fails to track the handset, then LG will pay back the current market value of the phone and the claim settlement will be done directly by the insurance company within 15 days of receipt of the claim as per the insurance.