mobile phone insurance

[bubbles4920]

i have recently ended my contract with t mobile and am on pay as you go top up. i still pay �5.99 a month insurance for my mobile to homecare??. should i still be paying this? even though i am not with t mobile anymore if i were to damage or lose my phone, would it still be replaced i wonder?

[Panic Button]

Cancel it and save the money.

If you lose it buy a new one. They are quite cheap now (unless you want a fancy one)

[koster]

Of course you shouldn't be paying it. You shouldn't have been paying it while you had the T-Mobile contract.

The only reason you had it was that the salesperson in the phone shop was on commission and possibly because you were given a cashback incentive for taking out insurance.

As you're not under contract, if you lose your phone you can either just buy a cheap pay-as-you-go phone or take out a new contract and get a new free phone.

Also, you may find that it's covered by your household insurance.

[Panic Button]

In one year you are paying �72.

[Coobeastie]

The insurance is via homecare and not t-mobile so wouldn't end just because you've terminated your phone contract.

If you're going to be getting an expensive phone then might pay to keep the insurance.