To protect against fraudulent use
In recent years the fraudulent use of mobile phones has increased drastically. More and more people are on monthly contract schemes and this has laid them open to people racking up huge bills in their name. If you ever have your phone stolen or if it goes missing you must immediately report it to your contract provider and the police. There have been cases of people receiving huge bills for missing phones that they never reported stolen and thus they had to pay the costs. iPhone 5 insurance will cover the call costs if your iPhone is ever used fraudulently.
To protect yourself when abroad
If you are someone that does a lot of travelling either for business or pleasure then you must make sure you get insurance that will cover your phone abroad. International cover does not usually come as standard on insurance policies but it can be added on request. Because you are in unfamiliar territory when you are abroad you have more chance of your phone being damaged. Swimming pools, sightseeing, beaches etc. are all things that will add to the risk.
To protect against loss and damage
The very last thing that you want is for your brand new iPhone to be lost or damaged. Unfortunately this happens even to the best of us. Having iPhone 5 insurance helps to protect against the wear and tear of normal life. On a daily basis thousands of phones are lost, stolen, dropped, water damaged and some just stop working. No matter how hard you try to keep your phone safe you cannot protect it against every entity – iPhone 5 insurance can!