Refer Report
As the latest smartphones are released, the price rises, and financial consumers’ interest in mobile phone insurance is increasing. The Financial Supervisory Service summarizes consumer notes related to the damage and failure compensation of mobile phone insurance.
The Terms of Mobile Phone Insurance provides for the payment of the insurer’s self -pay from the damages. The size of self -contributions varies by product, such as the fixed rate system (a certain ratio of damages), the flat rate, and the minimum amount.
For example, if the repair cost is 450,000 won, it can be expected for consumers to receive 250,000 won if the insurance amount is 250,000 won. The actual compensation is based on the small amount of repair cost (450,000 won) and subscription amount (250,000 won). If the self -burden rate is 30%(fixed system), you will receive 175,000 won for deducting 75,000 won.
If you receive a repair discount, it is based on the repair cost of the actual number of symptoms paid by the actual consumer. If there is already a compensation, the amount will be deducted from the subscription amount.
In addition, mobile phone insurance is compensated only when repaired at the manufacturer’s official repair center. In the case of repair costs through private companies, insurance is not paid. Damages that do not affect the original function of mobile phones, such as damages caused by the US name (USIM), usual wear and gradual performance decrease, cannot be compensated.
In addition, it should be noted that it is compensated based on the same model and class model of the mobile phone that is insured when the mobile phone is lost.
The home appliance warranty repair extension insurance is compensated only for the failure type for the free repair service provided by the manufacturer. Excluding the failure to be damaged.
Reporter Kang Hyun -woo hkang@hankyung.com
Source: Korean