The warranty that comes with the iPhone only covers the owner of the phone from defects in workmanship, as well as the malfunctioning of major components. It absolutely does not cover theft, liquid damage or accidental damage. This is why owning iPhone insurance is so crucial -- it is the best way to protect your phone.

Mobile phone insurance will even cover you while traveling in another country. This means that you can relax while you are on holiday or on a business trip.

The cost of owning iPhone insurance is as low as £5.99 per month, which is much cheaper than having to purchase a new phone. You can choose a monthly installment plan or an annual premium. In either case, you will be provided with the coverage that you are looking for.