Apple Watch insurance

PaulLynn

Hi, I’m looking to purchase an Apple Watch from John Lewis and was interested in purchasing insurance for it. Should I tak out the John Lewis added care or purchase insurance from elsewhere ? Thanks

csgohan4

have you considered self funding and putting a small amount into a savings account to buy a new one if it breaks.


JL normally has 2 year warranty on it's electrical products which is good

lisyloo

Is their any contents insurance policy where you live?
Have a look at the person possessions cover to see if it is within limits.

PaulLynn

I could maybe consider doing that yes I’m concerned if I did take out an insurance policy and had to make a claim, it would be a hassle trying to get the claim settled. Thanks

forgotmyname

Your worried a home insurance claim maybe a hassle? Whats the difference between that and any other insurance you take out?

The gadget policies may have more clauses.

lisyloo

forgotmyname wrote: »

Your worried a home insurance claim maybe a hassle? Whats the difference between that and any other insurance you take out?

The gadget policies may have more clauses.

It’s less hassle than self insurance - which is what I believe the OP was considerinmg.

Self insurance means you are the arbiter of claims and don’t require ID, receipts, police report.
The downside to self-insurance is if you need it on day 1 or week 1 before you’ve saved up.