“Theft of mobile handsets is increasing at a rapid pace. But getting insurance for high-value handsets directly from insurance companies is a hassle.
“We have made it hassle-free,” said Rajneesh Arora, chief executive officer of Saholic.com.
“At the time of buying the handset, the customer would be given an option to pay 1.5 per cent of the handset cost extra as premium for the theft insurance,” he added.
New India Assurance is the insurance provider.
During the trial, the company has recorded that more than 35 per cent of the handset
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