The Director India (Retail) Kannan Gopalakrishnan of Nokia India introduced partnership with New India Assurance and showcased its full Nokia lumia Windows Phone 8 range in Bhopal on Thursday.
While introducing the partnership with New India Assurance, Kanan told that the plan provides Nokia consumers a highly affordable and comprehensive handset insurance plan to safeguard them against the risk of mobile handset loss and damage.
While speaking to media, Kannan told that the handset insurance plan was started around 3 months ago and has received a good response.
It has been targeted that 95 percent of the claims would be resolved within 7 days by the insurance company. It is first of its kind of insurance plan which covers damaged caused by external impact on the device, accidental entry of fluid in the device's internal circuitry.
Theft & Burglary would be considered in case of housebreaking, and theft of device from locked or unattended building, room or vehicle.
The cost of the premium is 1.25 per cent of the value of handset and the validity of the insurance plan would be of one year. At present the insurance plan is offered with the handsets purchased from the Nokia Priority Store.