More
    HomeTOPICSCircular EconomyFlip launches insurance for refurbished devices

    Flip launches insurance for refurbished devices

    Published on

    Flip, the Romanian start-up that encourages circular economy by refurbishing phones and tablets, announces the launch of the insurance service for devices sold on Flip.ro.

    The device insurance service is available both for consumers who purchase from Flip.ro, and for companies that use the solutions offered by Flip Business to purchase phones for employees.

    The insurance can be purchased by buyers in Romania, only together with the device, at the time of placing the order, and can only be paid in the same payment method as that used to buy the device (eg: online payment by bank card, payment in installments or through invoice etc.).

    Flip offers two types of insurance policies: Flip CASCO and Flip CASCO+. Device insurance at Flip includes international coverage and provides full protection against accidental damage, even out of warranty, should the device be repaired or replaced. The insurances are valid during trips around the world, within 60 days of travel. In addition, Flip CASCO+ also insures against theft.

    “The introduction of the insurance service is part of our strategy to encourage more sustainable consumption habits when it comes to electronics, and to promote the principles of circular economy among consumers and the business environment. Insurance provides a safety net for buyers, who no longer have to purchase a new device when the one they own is damaged or invest large sums in repairs, especially if the device is out of warranty. Devices refurbished by Flip specialists to the highest standards, in our own service, get a second chance, their lifespan being extended and at the same time working 100% in optimal parameters, like new ones in stores. All phones sold by Flip have a 2-year warranty and by introducing the insurance service, we contribute even more to reducing the phenomenon of e-waste, offering an even longer lifespan of the devices, and more environmentally friendly solutions to customers, but also financial protection”, says Nicolae Trofin, Chief Sales – Business Partnerships at Flip.

    Flip CASCO and Flip CASCO+ insurance policies can be bought for a period of 12 or 24 months, only with the purchase of the device to be insured. The price of the insurance policy is calculated according to the price of the phone. In the case of Flip CASCO, the price of the policy starts from 99.9 lei for 12 months, respectively 179.9 lei for 24 months. In the case of Flip CASCO+, prices start from 124.9 lei for 12-month insurance, and from 224.9 lei for 24 months.

    The partner for the Flip CASCO and Flip CASCO+ policies is Assurant Europe Insurance N.V.

    Latest articles

    Environ collected almost 40,000 tons of electronic waste in 2023

    The Environ Association has collected in 2023 a quantity of 39,165 tons of electronic...

    The CSRD Directive was transposed into Romanian law

    On 26 January, Directive (EU) 2022/2464 of the European Parliament and of the Council...

    Schneider Electric outperforms 2023 sustainability targets

    Schneider Electric, the leader in the digital transformation of energy management and automation, announced...

    Green Group: 34 kg of gold, 350 kg of silver and 15 kg of rare metal recovered from one million recycled mobile phones

    Following the collection of over 1 million mobile phones, Green Group recovered 34 kg...

    More like this

    Environ collected almost 40,000 tons of electronic waste in 2023

    The Environ Association has collected in 2023 a quantity of 39,165 tons of electronic...

    The CSRD Directive was transposed into Romanian law

    On 26 January, Directive (EU) 2022/2464 of the European Parliament and of the Council...

    Schneider Electric outperforms 2023 sustainability targets

    Schneider Electric, the leader in the digital transformation of energy management and automation, announced...