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Gadget Insurance is a type of insurance that covers the cost of repair or replacement of electronic devices such as mobile phones, laptops, tablets, and cameras. It is designed to protect consumers from the financial burden of replacing a damaged or stolen device. It is typically offered as an add-on to existing home or contents insurance policies, or as a standalone policy.
Gadget Insurance policies typically cover accidental damage, liquid damage, theft, and breakdowns. Some policies may also include cover for unauthorised calls, data loss, and malicious damage. The cost of the policy is usually based on the type of device, its age, and the level of cover required.
Gadget Insurance is becoming increasingly popular as the cost of electronic devices continues to rise. It provides peace of mind to consumers who may otherwise be unable to afford to replace a damaged or stolen device.
Some companies offering Gadget Insurance include SquareTrade, Protect Your Bubble, and Allianz Global Assistance. Show Less Read more