We live in a world where mobile phones, tablets, and laptops are part of our daily lives. Every aspect of our lives relies on technology, whether it is banking, business, education, or entertainment. It is always possible for accidents to occur, theft to occur, or technical failures to occur despite this convenience. Pakistani Mobile & Gadget Insurance was created as a result.
As smartphone prices continue to rise, gadget insurance has become a necessity for individuals as well as businesses. In this guide, you’ll find information about mobile and gadget insurance, its benefits, its cost, and the top companies in Pakistan who provide it.
What Is Mobile & Gadget Insurance?
Your gadgets will be covered if they are damaged or lost by the insurance. Included are:
- Android and iPhone smartphones
- iPads and tablets
- Smartwatches & Laptops
- Gaming consoles, earbuds, and cameras
As part of your coverage plan, your insurer may assist you in recovering costs associated with repairing, replacing, or misusing your device.
Read More About: Buy Now, Pay Later – Mobile Phone Financing & Installment Plans in Pakistan
Pakistan’s Gadget Insurance Need
Smartphone sales in Pakistan are growing rapidly. With millions of people upgrading to high-end phones worth $100,000+, accidental drops, water damage, and thefts have increased.
Telecom data shows that over 1.2 million smartphones are stolen or damaged each year in Pakistan. Replacements are usually paid for by the user. Insurance provides financial security and peace of mind.
Types of Mobile & Gadget Insurance
| Type | Coverage Description |
|---|---|
| Accidental Damage Protection | Cracked screens, spilled liquids, and drops are covered. |
| Theft & Loss Insurance | Theft or loss of your device is compensated. |
| Extended Warranty Plans | Extends manufacturer warranty after it expires. |
| Comprehensive Gadget Cover | Protection against accidental damage, theft, breakdowns, and power surges. |
Mobile & Gadget Insurance Benefits
Protect yourself from unexpected repairs and replacements.
A sense of security – theft and breakage are protected.
Annual premiums start at Rs. 1,000–2,000.
Most providers process claims within 3 to 5 working days.
Overseas incidents may be covered by some insurers.
In Pakistan, How Does Mobile & Gadget Insurance Work?
- Choose Your Plan: Buy a gadget insurance policy (for example, for iPhone, Samsung, Vivo, etc.).
- Register Your Device: Provide the IMEI number, purchase invoice, and model information.
- Pay the Premium: The premium can be paid annually or monthly.
- File a Claim: Provide a copy of the police report (for theft) or a repair estimate (for damage).
- Claim Settlement: Insurers repair, replace, or reimburse your device.
Top Mobile & Gadget Insurance Providers in Pakistan
| Provider | Coverage Highlights |
|---|---|
| U Microfinance Bank (U Bank) | PTA-approved device theft and damage insurance. |
| Telenor Insurance (In collaboration with Jubilee Life) | Prepaid and postpaid phone insurance is available. |
| Jubilee General Insurance | Gadget protection for phones, laptops, and tablets. |
| EFU Life Assurance | A fire, theft, or accidental damage policy for electronic devices. |
| Alfa Mall (Bank Alfalah) | Phone insurance and extended warranties based on EMIs. |
| Daraz Protect | Gadget protection add-on for new phone purchases. |
What Does Gadget Insurance Typically Cover?
| Covered Risks | Examples |
|---|---|
| Accidental Damage | Dropping your phone or cracking the screen. |
| Liquid Damage | Water spills or phone dropped in water. |
| Theft or Burglary | Loss due to robbery or break-in. |
| Fire or Explosion | Damage caused by overheating or power surges. |
| Mechanical Breakdown | Internal failure after warranty expires. |
What’s Not Covered?
Misuse or intentional damage
A device without a valid purchase invoice
Rooting, jailbreaking, or unauthorized repairs
Scratches, dents, etc.
Unattended vehicle theft without forced entry
Average Cost of Mobile & Gadget Insurance in Pakistan
| Device Value | Annual Premium (Approx.) |
|---|---|
| Rs. 25,000 – Rs. 50,000 | Rs. 1,000 – Rs. 2,000 |
| Rs. 50,000 – Rs. 100,000 | Rs. 2,500 – Rs. 4,000 |
| Rs. 100,000 – Rs. 200,000 | Rs. 5,000 – Rs. 7,500 |
| Rs. 200,000+ | Rs. 8,000 – Rs. 12,000 |
How to Buy Mobile Insurance in Pakistan
- Through Telecom Operators: Telenor, Jazz, and Ufone often bundle insurance with new SIM cards and devices.
- Online retailers such as Daraz, PriceOye, and Mega.pk offer “Protection Plans.”
- Through Banks: MCB, Bank Alfalah, and HBL offer gadget insurance.
- Directly from Insurers: Jubilee, EFU, or UBL insurers offer stand-alone policies.
Gadget Insurance: Pros and Cons
Pros
- High-value damages and thefts are covered
- Annual plans are affordable
- It is easy to file a claim online.
- Peace of mind with premium devices
Cons
- Your claim may be delayed.
- Used phone coverage is limited
- Intentional or minor damage is not covered.
Mobile & Gadget Insurance Tips
When you purchase a device, you should buy insurance right away.
Verify the insurer’s credentials and claim process.
Copy your IMEI number and purchase invoice.
Make sure your plan covers both theft and accidental damage.
I prefer insurers that offer cashless repairs or direct replacements.
FAQs Mobile & Gadget Insurance
Q1: Is mobile insurance available for all phones?
Yes, if you buy a phone from an authorized seller and it is PTA-approved.
Q2: How do I claim mobile insurance after theft?
As soon as you file a police report, contact your insurer.
Q3: Does mobile insurance cover screen replacement?
Accidental screen damage is usually covered by most policies.
Q4: Can I insure a used or imported phone?
Imported phones may not be covered by insurance companies.
Q5: Is mobile insurance worth it in Pakistan?
Without insurance, you have a high chance of replacing or repairing expensive smartphones.
Conclusion
It is important to protect your gadgets and mobile devices in 2025. Financial protection, repairs, and peace of mind are all benefits of insurance.
Affordably priced plans make it easier for you to look after your gadgets. Find a trustworthy provider, compare plans, and secure your valuable devices today.
