How much can I claim if my mobile is beyond repair?
In case of total loss or BER (Beyond Economic Repair), the claim amount will be processed after depreciation is charged. Here’s how much you’re eligible to receive based on the policy period and the cost of your mobile:
Tenure | Invoice value |
Upto 6 months from the policy purchase date | 60% of the invoice value |
Less than 6 months from the policy purchase date | 50% of the invoice value |
Learn more about buying mobile insurance on PhonePe.