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What Is Handbag Insurance

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Handbag consisting of cosmetics, sunglasses, mobile, key chains, cash, credit-debit cards, fragrance etc. is the part of women's life, she can never come out of her house without such things in her handbag. Hence, this signifies the vital space of handbag in a woman's life. Even the thieves or the pickpockets know the worth of the handbag, so they target woman's handbag for higher profits. Lately, a couple has been arrested for snatching a 22-year-old woman's handbag containing 50,000 yen in Tokyo. The woman was busy engrossed in playing game. They even confessed to picking pockets at least 150 times. Such incidents in newspaper shake the women's community.

Some researchers concluded that nearly 95% of women carry a wallet, 90% women carries a mobile phone (some carry more than one handset), 33% carry perfume of fragrance, 60% of women carry sunglasses, nearly 50% carry Personal documents and most important 46% carry make-up kit in her handbag. So, what is the solution to the loss of the handbag?

The solution to misfortunes in life is insurance. Insurance is the product to fill the gaps of uncertainty. It helps you to regain what you lost and allows you to continue your move in life. Like bill protection helps you to pay bills and expenses when you are not well. In the same way handbag insurance helps you to regain, all the assets you had when you lost your bag or got it snatched.

As Handbags are the essential elements for women to carry valuable and useful things, handbag insurance provides protection to expensive bags along with some other expensive belongings. Protection and security are the prime cover to safeguard your bag, when any unfortunate instances strike you. Various handbag insurance companies are available in Australia. Your authorized agent can also help you in finding the best cover plan. An Insurance policy should be bought after a proper comparison of cover provided, in accordance with the value of bag and equipments you generally carry. Online portals are available and comparative study of all handbag insurances can be easily viewed online. One should carefully read the agreement before signing it.

Steps to be performed, after a theft or loss of the handbag:A) Get all of your cards blocked.B) Contact your insurer, explain the situation, and ask the insurer about the details and documents to be obtained for claiming.C) Report to the local police and get the acknowledgement in written.D) Collect the bills of all the assets inside your bag.

Cover your handbag with a best suited plan. Always keep the bill of every asset like mobile, perfume, etc. safe, so that it becomes easy to claim in case of theft, damage or loss.
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