Epic Launches Innovative Device Insurance for Mobiles and Tablets

With technological devices becoming inseparable from daily life, the company Epic is initiating a trailblazing service to safeguard mobile gadgets. The freshly introduced Epic Device Insurance offers extensive coverage for unexpected events like screen shatters and liquid damage, specifically targeting smartphones and tablets.

By choosing this insurance upon the purchase of a new device from Epic, consumers can effectively secure their digital companions. Constructed by the renowned Maltese firm Oney Insurance (PCC) Limited, specializing in Affinity Insurance Programs, and supervised by the international Insurtech pioneer bolttech, this plan stands as a beacon of reliability.

Epic’s insurance delivers a robust defense against the trials device owners often endure, from keeping important devices functioning to ensuring continued productivity, thus guaranteeing that mishaps won’t interrupt the crucial role these devices play.

This inventive pursuit is a strategic enhancement in Epic’s continuous march towards diversifying services to cater to its user’s evolving needs. The insurance provision is rapidly expanding to other territories where Epic’s investment group holds sway, like Ireland, Monaco, and Cyprus, incorporating collaboration with authorized repair outlets for notable brands.

The CMO of Epic, Karl Galea, conveyed the company’s enthusiasm about this pioneering service in Malta, emphasizing the elimination of tension over accidental drops. Offering this plan starts with an affordable monthly fee, granting users up to two claims each year. Accessibility is a breeze, with a sign-up window open for 30 days post-purchase and the flexibility of cancellation at will. The convenience extends to both physical branches across Malta and online platforms.

Understanding Device Insurance

Device insurance, like the product offered by Epic, is part of a larger industry trend where insurers pair with technology vendors to provide an extra layer of security for electronic devices. This service often meshes well with how integral smartphones and tablets have become in modern life, addressing the risks associated with carrying relatively fragile technology.

Key Questions and Answers:

Q: What types of damages does device insurance typically cover?
A: Device insurance plans generally cover accidental damages, such as screen breaks and liquid damage. Some plans might also cover theft or loss, depending on the insurer.

Q: Is the Epic Device Insurance available outside of Malta?
A: The article mentions plans to expand to other territories like Ireland, Monaco, and Cyprus, suggesting the insurance will be available outside Malta at some point.

Q: Can existing devices be insured, or is the insurance only for new purchases?
A: According to the article, the sign-up window for insurance is open for 30 days post-purchase, indicating the focus is on new devices.

Challenges and Controversies:

One challenge that may arise with device insurance is determining whether the cost of the insurance is worth the benefits. Consumers may find it difficult to accept an additional monthly fee, especially if they have a history of keeping their devices safe. Also, there can be controversies regarding the terms and conditions of insurance, like accountability in damage assessment and the quality of repair services used.

Advantages and Disadvantages:

Advantages:
– Protection against accidental damage.
– Peace of mind for device owners.
– Flexible sign-up and cancellation policies.
– Provision for authorized repair services, which can ensure quality repairs.

Disadvantages:
– Additional monthly cost.
– Limit on the number of claims per year.
– Potentially complicated terms and conditions.
– Insurance may be unnecessary for careful users or those with devices already past their prime.

For related information, you might visit the sites of companies offering similar insurance services, or the main domains of the firms involved in Epic’s offer:
Oney Insurance (PCC) Limited
Bolttech

And for a broader view on device insurance:
Consumer Reports

Be sure to read the terms and conditions before deciding if device insurance is the right choice for your new smartphone or tablet.

The source of the article is from the blog mivalle.net.ar