Mobile rings are revolutionizing the lifestyle of consumers today. They play a great role in business and every day living. Over a fancy gadget for display or communication, cell is used to store and transfer important knowledge with regards to businesses and office environments. There're lots of functions with cell which make nice reasons to think about insurance.

The kinds of information stored in the personal and business phone together with personal preferences on games, videos and other social media information are great to lose. Cell phones are expensive electronic devices which can attract the wrong kinds of people. Mobile thefts happen often today which is the primary reason for insurance. There're other scenarios where mobile insurance comes in handy; may accidentally drop it in water or lose the expensive cell phone in a taxi. Therefore, mobile phone insurance is a great avenue to safeguard the mobile's owner's interests.

Do you really need this cell phone insurance? Perhaps not. Mobile phone insurance can cost you anywhere from $25 to $150 yearly, depending on the insurance carrier that you select. In case you can replace your mobile phone for less than that, then mobile phone insurance is probably not a worthwhile expense for you. In case you have a replacement phone - perhaps left since your last upgrade - and your mobile provider still supports it, you may be fine without mobile insurance. In most cases, though, you'll find that it can be worth the expense - in case you shop around for competitively priced mobile phone insurance.

However, there are some tips you should know when considering mobile phone insurance in Singapore.

If the salesperson or web-site promises Free Mobile Insurance with all rings or with selected rings, be sure to check the details. In plenty of cases, the cover is free for the first month. After the first month of coverage, the regular premium will be tacked onto your mobile account charges, where you may not even recognize you are paying it.

Don't automatically accept cell phone insurance when you buy your mobile. Those tend to be the priciest premiums at all.

Shop around. You can get the economy cover for a mobile worth up to $150 for as small as $2.49 per month, which is less than half what major insurers are charging.

Got relatives of mobiles? Very 80% of the rings reported stealing or lost belong to teenagers. If you are insuring over phone, look for a company that will cover multiple mobiles on owner.

Think about an increase to your home & contents cover in the event you have plenty of electronic & mobile devices that you carryover with you. You can extend your contents insurance to cover your mobile devices, including your phone, PDA, PSP & other electronics when you take them out of your home.

If you have had the phone and now thinking of insuring it, you should check the itemized details for your last account statement to be sure you are not already paying for insurance.