If you were to spill a liquid onto your iPhone, it would more than likely would cause great damage to you phone. This would require you to purchase a new iPhone, which could cost several hundred pounds.

However, if you purchase iPhone insurance when you first purchased your new phone and experienced that same spill and resulting damage, you would be able to get a new mobile phone after paying the small excess fee associated with your policy.

This type of coverage only costs £5.99 a month and it provides you with more than just liquid coverage. The insurance policy will also protect your mobile phone from accident damage, like a cracked touch screen as a result of falling on the ground. In addition, the coverage is provided no matter where you are in the world.

If your iPhone was to suffer accidental damage or become a victim of theft, without iPhone insurance you would need to purchase a second phone at full price, which is an added expense that many individuals cannot afford to incur.

Many people get their iPhone at a discounted price due to a special offer with their phone provider. This means that you would have to pay the full retail price for a replacement phone, which can be in the hundreds of pounds.

The cost-benefit of having iPhone insurance lets you save a lot of money. If you were to have a claim, you would only need to pay a small excess fee to get a replacement -- this makes it obvious that iPhone insurance is the right choice for you if you need to protect your iPhone.