Should You Invest In Apple iPad “Insurance”?

So you’ve just bought a brand new iPad, and you were probably talked into getting Apple iPad “Insurance” as well. Unfortunately, what you purchased in the form of an extended warranty doesn’t cover you for a lot of potential undesirable events. All it does is cover you in the event of mechanical fault or damage caused by the manufacturer’s negligence for an additional year or two. What it doesn’t do is cover you for the replacement of a stolen or lost iPad, which is why you should look elsewhere from Apple’s offering. Here are your options for getting full protection for your iPad.
Alternatives To Apple iPad “Insurance”
As I mentioned, Apple iPad “Insurance” really isn’t a full insurance policy for your iPad. It’s simply an extended warranty that has limited cover for your device. To get comprehensive cover against theft, loss or accidental damage, you need proper insurance from a bank or gadget insurer. Banks like Barclays and Lloyds TSB are prime providers of such policies, which are a better option than Apple “Insurance”. If you check the fine print of your extended warranty, you will see the limitations of what Apple provides very clearly. All this should have been explained to you by the sales rep at the Apple store, but if it wasn’t then you may have grounds to ask for a
If you want to insure your iPad, you can either go for standalone insurance policy or an umbrella gadget insurance policy. With a standalone iPad policy, you pay a low monthly premium to insure your iPad against theft, loss or damage. With a gadget insurance policy, you can nominate up to 5 devices to be insured, including your mobile phone, mobile gaming device, digital camera, GPS navigation system, MP3 player and of course your iPad. Obviously, if you just want to insure your iPad, then the first option is the best, while it may be more cost effective for you to insure everything all under one policy with the gadget insurance.
When You Should Get Apple iPad “Insurance”
Is there an occasion where you should forgo the standard insurance policy and just go for Apple iPad “Insurance”? Well, for one, if you never take your iPad out of your home and you’re extremely careful, you might get away with just the manufacturer’s warranty. That said, there’s the risk that you or a family member might drop it or otherwise damage it with liquids or what have you. The bottom line is, you’re still better safe than sorry by skipping the Apple iPad “Insurance” altogether because both standard insurance for the iPad and gadget insurance will cover you for the same thing.
The Final Word On Apple iPad “Insurance”
All in all, I would have to say that you’re better off giving Apple iPad “Insurance” a miss. You’ll get much better value for money with a standalone insurance policy or gadget insurance for sure. After all, with an insurance policy you’re covered for theft, loss, damage as well as any mechanical fault. On the other hand, with Apple iPad “Insurance” you’re not covered for much else.