Information on insurance2go.co.uk
07/10/2010

Insurance 2 go is a part of the Loyal Insurance Services group and offers great value insurance on items that might be carried around outside the home such as; mobile phone insurance, laptops, ipads and mp3 players.

Online PR News – 10-July-2010 – – Insurance 2 go is a part of the Loyal Insurance Services group and offers great value insurance on items that might be carried around outside the home such as; mobile phone insurance, laptops, ipads and mp3 players.

The cover for Insurance 2 go is underwritten at Lloyds and is fully authorised and regulated by the FSA giving all our customers peace of mind that the scheme backed by the Financial Services compensation scheme.

Typically the cover offered covers theft, accidental damage and on most policies loss. The mobile phone insurance policies offer cover whilst abroad and cover for unauthorised calls.

The site www.insurance2go.co.uk was launched over 4 years ago and since then thousands of customers have protected their mobiles, laptops etc with one of our policies. Loyal Insurance Services Ltd has been trading successfully since February 2005.

Our Administration partners offer a top quality service that means all aspects of cash collection, claims and fulfilment are managed in a very professional manner. The main administration partner has been providing admin for over 20 years.

Mobile phone insurance is our best selling product. Many customers sign a contract for as long as 24 or even 36 months when they purchase a new mobile. This allows the retailer to offer the mobile at a discount or even for ‘free’ as they subsidise the price of the handset from the guaranteed income which will come in over the duration of the contract as line rental and call charges. This is great news for the customer when they sign up, however, the retailer, on behalf of the network operator, is only able to subsidise one handset per contract. So if the customer was to have their mobile stolen, lost or damaged within the contract period they might be in the situation of either not having a phone, or having to pay the unsubsidised price or using an old phone until the contract period had expired and they can then get another handset which is subsidised by signing a contract extension.

Potentially this could happen on day 1 of a 36 month contract, not good news and could leave a customer feeling very disappointed. This is why mobile phone insurance makes sense for those signing up to a contract.

Many of the high street retailers offer their own insurance but it can be very expensive, that is the reason many people turn to the internet to find web based insurers who offer really competitive insurance for a fraction of the price.

Insurance 2 Go launched a hugely competitive B2B product within the last six months. More and more businesses are finding that it is cheaper to cover their company mobiles rather than risk paying out for unsubsidised handsets. The issue for businesses is that their company insurance usually attracts a hefty excess that makes it not worth claiming.

Insurance 2 Go will keep offering great products and will always be keeping a close eye on the market to make sure we stay very competitive.