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Mobile phone insurance

Legacy_user
Posts: 0 Newbie
Trying to cut costs and wondered what advise you would all advise
I pay £6.49 a month for insurance for my iPhone 6 which I have had since new in September 2014 . Should I keep it going or cancel ?
I pay £6.49 a month for insurance for my iPhone 6 which I have had since new in September 2014 . Should I keep it going or cancel ?
0
Comments
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Check the T&C of the insurance policy. You might find that they only cover phone up to their 18 months old anyway, so might be worth getting rid.0
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You currently own a phone worth about 200 pounds which you have paid 180 to insure - something tells me that mobile phone insurance is loaded in favour of the insurance company0
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You are correct , maybe it is time to cancel it now I own the phone. IThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Insurance is fine as long as the phone is current.
They quickly lose value these days, especially on release of a new model.
There are lots of online repairers who will replace various parts fairly cheaply.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Cancel it & be careful.
Even if you need the phone replaced, chances of you breaking two is low.0
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