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UniverCell announces mobile theft insurance plan

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Chennai-based large-format mobile retail store UniverCell has announced its plan to offer mobile theft and damage insurance against all purchases from its stores.

As part of the plan, UniverCell, along with Oriental Insurance, has taken every possible steps to ensure that the insurance scheme will cover all possible mobile thefts and damages, according to company press release.

Speaking to media, Sathish Babu, founder, UniverCell, said, “The customers stretch their budget to purchase the latest handsets, and cannot afford to lose them. The warranty, which is not covered by the mobile manufacturer, will be covered by our exclusive insurance plan. Our insurance will cover all possibilities like theft, accidental damage, fire, riot, strike, malicious damage, terrorist activity and fortuitous circumstances.”

“Loss of mobile or damage is not only a major concern for the handset buyers but also for a responsible retailer like UniverCell. We not only guarantee for providing the best phones in the market but also guarantee to safeguard customer’s interest in case of mobile theft and damage,” added Babu.

The company has recently opened its 175th store in Bengaluru and aspires to have 1000 stores mark across India by 2010.

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