The iPhone allows you to pay off debts quickly through handy apps. For instance, PayPal has an application that allows you to quickly transfer funds to a friend for your fair share of a restaurant bill, bar bill or any other expense.

This is very convenient for those individuals that do not like to carry cash. If your friend puts the entire bill on their credit card, you can instantly transfer what you owe to them through the payment app. They will then receive an email alerting them to the transfer of funds and how they can proceed to access it.

Keeping life simple is important, which is why you should have iPhone insurance. When you properly protect your mobile phone, you will be able to rest easy knowing that you won't have any unexpected expenses if it were to become damaged or stolen. You can protect yourself against many covered events for only £5.99 per month!