Nokia to Offer Insurance and Extended Warranty on its Smartphones

- Advertisement -

HMD Global has partnered with Servify to offer extended warranty and insurance plans to consumers buying Nokia smartphones

Pic credit – Nokia

HMD Global, the home of Nokia phones, today announced insurance offerings for its range of Nokia smartphones in partnership with Servify. The new insurance plans have been launched at a starting price of Rs 399.

Ajey Mehta, vice president and country head, HMD Global, India said, “We carry our phones everywhere and it’s difficult to be without them. Which is why it’s essential that we remain worry-free as we go about making the most of our day. Nokia phones stand for reliability and trust and we are taking this promise even further by partnering with Servify to offer affordable and comprehensive insurance and extended warranty plans.”

- Advertisement -

Mehta added, “We have been speaking to our fans across the country and believe that this initiative will help them care for their Nokia smartphones and protect their investments.”

Nokia after failing to capture the smartphone market with its Windows powered smartphones had launched first android smartphone in 2017. The sales of android powered Nokia smartphones has picked up but isn’t as big as it used to be when Nokia dominated the mobile phone segment in India. The move to extend warranty plans in collaboration with Servify may be the company’s attempt to cement its space in the smartphone market.

A research published by Counterpoint had earlier claimed that Nokia had managed to capture eight per cent feature phone market during Q2, 2018. However, the smartphone maker had failed to make it to the top five when it comes to smartphone sales. The four top players in smartphone segment during Q2, 2018 included Samsung, Xiaomi, Oppo and Vivo.

Servify to provide insurance plans with 12-month cover

Consumers who purchase Nokia smartphones can choose from three types of insurance plans with 12-month cover provided by Servify. These insurance plans include – Nokia phones insurance plan with accident and liquid damage protection plan, Nokia phones screen protection plan and extended warranty plan.

Users can purchase the first and second plans within 15 days of purchasing a new Nokia smartphone. The extended warranty plan will be available for purchase 365 days from the smartphone purchase date.

A press release issued by the company claims that the new plans will help users safeguard their Nokia smartphones against risks that are typically beyond the purview of the standard warranty.

Sreevathsa Prabhakar, founder, Servify, said, “We are extremely happy to partner with HMD Global to launch insurance and extended warranty plans for Nokia smartphones. We believe that trust and reliability are cornerstones of a great consumer experience. We will make our best efforts to deliver an uncomplicated and transparent experience for Nokia smartphone fans by leveraging our after-sales tech platform.”

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

Honda Debuts Two Electric Motorcycles Concepts At EICMA 2024

0
The EV Urban Concept represents Honda's vision for urban transportation in the near future. At the EICMA show in Milan, Italy, Honda has taken a...

Xiaomi India President Muralikrishnan B Steps Down

0
After six years of leading the company, Xiaomi India President Muralikrishnan B resigns to pursue academic research. He will continue as an advisor as...

Sterling Tech-Mobility & Chinese Firm To Establish EV Component Factory

0
A Chinese and an Indian firm are collaborating to establish a Rs 40 crore factory in Bengaluru to produce components for electric vehicles. These...

Tesla’s Share Price Surges 15% Following Trump’s Win

0
Musk's main focus will probably be on loosening regulations for autonomous driving software, which he considers crucial for Tesla's success. This might involve urging...

Amara Raja To Invest More Than ₹1,000 Crore For Li-ion Biz In FY26

0
It is anticipated that the battery manufacturer will invest approximately Rs 1,200 crore in the lithium-ion battery sector this financial year. Amara Raja Energy &...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Learn From Leaders

Startups