Mobile phone insurance

Mobile phone insurance. Have a think about it. What’s the point? You’ve been on a contract for a year, someone steals your phone: what happens next? You get a new phone free on another contract somewhere else. Or you buy a pay as you go phone.
How about stolen airtime? What if the thieves make calls with your phones? Check your small print. I’ve been investigating and very few insurers cover airtime theft (aka “airtime abuse”). One covers airtime abuse only after you’ve reported the theft to your network provider: the phrase “as useless as a chocolate teapot” occurs to me.
I’m still checking Carphone Warehouse out, which claims to insure up to £1,000 or airtime theft; the CPP Group does similarly but only for theft of airtime during the 12 hours before you report the theft to the provider, the police and the CPP group. I’ll let you know if anyone turns out to be more helpful.

T-Mobile again

Turns out the gypsies were a bit more keen on my phone than previously thought. My T-Mobile bill for £431.88 arrived this morning. There were 32 calls to Romania starting at 1 in the morning. Apparently, that’s enough for T-Mobile to realise that something’s not quite right.

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Money for nothing?

Is it just me, or do banks seem to like technology only when it suits them? Take debit cards. How difficult would it be for debit card purchases to instantly debit an account? Not that hard, with a few web services or dedicated links between banks and card companies. Yet, strangely enough, it takes a day for the purchases to show up on your account, even though ATM withdrawals show up instantly.
What takes it so long? Could it be that if it arrives in your account at an unspecified point in the day, you might not have enough money in your account and you’ll have to pay an extortionate overdraft charge?

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