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February 17, 2020
Smartphones have become an indelible part of our everyday lives that we cant function properly when they break. Luckily, service companies have started offering gadget protection plans for users. While it’s not as prolific as other mobile-related services, it is slowly getting some traction, especially in a smartphone-centric country like the Philippines.
And contrary to popular belief, protecting your device is actually affordable. After all, having peace of mind is worth every penny. If you want to safeguard your phone, there are gadget protection plans out there you can apply for. To understand how you can get your own, let’s dive deeper into the gadget protection plans currently being offered in the Philippines.
Prepaid and non-contract phones can now be protected. Moneymax is now offering its own gadget protection coverage called Gadget Protect.
Gadget Protect provides a completely digital gadget protection experience. From application and purchase of the contract to the entire claiming process, everything will be completed in just a few taps on your phone or desktop.
The gadget protection plans offered by Moneymax cover cracked screen, accidental damage, and water damage and will protect your phone for an entire year. You’ll only pay one time, unlike other providers that require you to pay monthly. All you have to do is go through the following steps.
Telecom companies offer the most common gadget protection plans for their postpaid phones. These monthly protection plans cost around PHP 899 to PHP 7,500. Here are some of the postpaid protection plans in the Philippines.
For new Globe postpaid subscribers, their gadget protection coverage is added to their plan. The first month will be free and the rest will be billed automatically every month. For existing postpaid subscribers, they need to present their phone to the nearest Globe store for application and assessment. If Globe approves your application, the coverage will take effect immediately.
Smart offers their gadget protection coverage to new and renewing postpaid subscribers. Just like Globe, Smart’s Gadget Shield program automatically bills your account monthly except for the free first month. No extra steps needed, the coverage starts the moment you receive your postpaid device from Smart. The coverage will also take effect immediately upon receipt of the unit.
If you bought your smartphone using a credit card, you automatically qualify for your card’s purchase protection program that most banks offer in the Philippines. Cards from Metrobank, RCBC, and PNB offer this service along with other perks. Note that these are short-term, usually lasting from 30 to 90 days.
Purchase protection usually covers accidental damage and theft. The coverage also applies for any type of purchase, whether you bought the phone online or in-store. You’re also eligible even if you paid for it in full or through installment.
Home Credit and other gadget loan providers also offer protection for their gadgets and appliances that will last up to a year. The coverage includes theft, accidental damage, and water damage. Just tell them that you want to avail protection for your new phone and they will bill it together with your monthly payments.
Most gadget protection providers cover phones that are less than 12 months old. All types of smartphones are eligible for gadget protection coverage, from low-end units to high-end ones. Major telecoms accept legacy phones or phones that have already ceased production, as long as they were purchased from their postpaid line.
So if you have a relatively new phone, it’s better to sign up for a gadget protection coverage immediately. If you signed up for a postpaid plan, subscribe to your network’s monthly gadget protection plan. If the sales agent of your smartphone offered you this kind of service, ask them about their affordable gadget protection plans before you leave the store.
Aside from it being new, the device must be in good working condition at the time of the contract purchase. You can’t sign up a broken or stolen phone, even if it happened within the last 12 months.
For postpaid plans and credit card purchase protection, the coverage will take effect the moment you received the unit. As for the online gadget protection plans offered by Moneymax, the coverage will take effect 30 days from the contract purchase date. This is to avoid fraudulent claims just days after acquiring the service.
If your device is not under contract and you wish to protect it, there’s no better day than today to do just that. Moneymax is now offering gadget protection plans for everyone with their new service, Gadget Protect. And the best part? The entire process can be completed online. It’s convenient, hassle-free, and affordable.
Once your contract takes effect after 30 days, congratulations! Your device is now protected for the entire year, and it only took a few clicks. Don’t wait until something happens to your smartphone. Afford yourself some peace of mind and enjoy your hard-earned investment by clicking the button below.