Matrix launches insurance for smartphones purchased in and outside India

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Matrix Cellular, the largest country specific SIM card provider offering voice, data and SMS services under the brand “Matrix” to outbound Indian travellers, has introduced the ‘Mobile Protect’ Insurance plan for Smartphones purchased in or outside India. Smartphones have become an integral part of daily life because of the huge information warehouse it has in it. Losing or damaging your Smartphone can be a nightmare and can often result in information loss or even misuse. The insurance plan is administered in partnership with Allianz Global Assistance, the global assistance and insurance provider. The specially designed policy aims to protect Smartphone users in the event of theft, accidental and liquid damage and provide quick assistance and a timely resolution.

The plan provides insurance cover for Smartphones up to 1 year old, one of the key benefits of this plan, and includes cashless repair services and complimentary pick up and drop off during the claims process.  The premium payable for insuring the Smartphone is same for all Android, iOS and Windows devices. A customer in India can get their Smartphone worth Rs. 10,000 upto Rs. 2 lacs insured at a competitive market price.

According to Gagan Dugal, Director, Matrix Cellular, “We understand that Smartphones have become indispensable part of our lives these days and buying a new phone is an investment for the customer. Damage to or loss of a phone brings life to halt, so to safeguard the customers’ investment, we at Matrix have launched the unique ‘Mobile Protect’ plan which provides cover from theft, accidental and liquid damage on mobile phones in and outside India. The unique offering will provide customers peace of mind at an affordable price.”

Sylvie Ouziel, Board Member in charge of Assistance and Asia-Pacific for Allianz Worldwide Partners, states, “Mobile Device and Digital Risk is a strategic initiative for Allianz Worldwide Partners and accelerating growth for this line of business is a priority for our Indian-based business unit. We have a strong partnership with Matrix Cellular since 2013 in travel insurance and we are delighted to offer a mobile device protection plan which is customized for Matrix. With this launch, we hope to jointly leverage the extensive distribution footprint of Matrix and reach out to smartphone users, as well as enrich the offer for existing Matrix customers.” 

Customers can purchase the plan by visiting www.matrix.in, downloading the Matrix Travel Companion App or by calling the Matrix Call Center. Matrix is the market leader in providing international telecom solutions, with a majority share according to Frost & Sullivan Report on “Assessment of the India Outbound International Roaming market”.​