Are new phones bought during my trip affected by depreciation?

If you happen to buy a new phone while you are overseas and something happens to it during your trip, Fast Cover treats this a little differently from items you owned before travelling. 

Phones and other luggage or personal effects purchased during your trip are not subject to depreciation when a claim is assessed. This means the claim assess or would normally consider the original purchase price of the item rather than applying a reduction for age or wear. 

It is still important to keep in mind the general conditions that apply to luggage and personal effects, including limits for mobile phones, requirements for reasonable care, and rules around proof of ownership. 

Every claim is reviewed individually on a case-by-case basis and will only be paid if it meets the terms, conditions, limits, and exclusions in your policy. Always check the PDS carefully so you know exactly what’s included before you travel.