Mobile manufacturer Nokia, in joint venture with New India Assurance Company, pioneered the launch of insurance scheme for mobile handset. This insurance scheme will protect the customers against losses on account of damage, theft, burglary, malicious acts, riots etc. In addition to this, it will also cover losses that are not covered under the warranty. This plan has an exclusion wherein loss of handset on foreign land, or forgotten at some place or other simple loss will not be covered.
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