Fact 1:  60 million cell phones are lost or damaged every year in the U.S. alone.  The odds that one of these cell phone users could be YOU is great.  Can you afford to be unprotected?

Fact 2:  The average cost of a new cell phone is between $300 and $700 depending on the phone and its features.   This can be torture on most of our pocketbooks.

My cell phone IS my life.  I can’t even imagine one day much less 1 hour without my cell phone.  It’s my lifeline and a connection to my family, friends, business relationships and others.   It is also my alarm clock, MP3 player, digital camera, address book, video camera, calendar, calculator, organizer, watch and much more.  If I accidentally forget my cell phone and leave it at home, I am compelled to leave work to go home and retrieve it or face a day of anxiety.  I am not complete without it…it’s my security blanket.  Therefore, cell phone insurance to me is a form of life insurance and I wouldn’t be caught dead without it.  No pun intended!   Even though cell phones have become more disposable they have become more sophisticated and expensive to replace if you experience a loss.

It all boils down to a few questions to ask yourself and then I think the answer will be self evident.   It depends on what cell phone you get, how badly you need your cell phone, and what the true cost of the replacement would be in the event that your cell phone is lost, stolen, drowned or damaged.

After extensive research, I have found a policy from Worth Avenue Group that fits my needs perfectly.

Here are a few specifics:

• Worldwide coverage
• $50 deductible per loss
• No maximum number of claims per calendar year
• Covers theft, fire, flood, natural disasters, lightning strikes and accidental damage.  Geez….what else could possibly happen?
• $45 per annual premium

Just remember, it isn’t necessary until you’re caught without it!