justInCase (hereinafter “the Company”), a leading insurtech startup in Japan, announced the launch of its smartphone insurance plan (https://justincase.app.link/jic-organic-prtimes) ,coinciding with the release of the iPhone 16 in Japan on September 20, 2024. This comprehensive insurance provides coverage for accidental damage, theft, and loss of smartphones.

Key Features of justInCase Smartphone Insurance

● Quick and easy signup: Complete the signup process in just 90 seconds using the mobile app, one credit card, and mirror to take shots of the smartphone.
● Enjoy discounts: If you do not have a claim filed within the first three months of the policy period, your monthly premium will be automatically discounted by an average of
30% from the 4th month onward.
● Comprehensive coverage: Covers both new and used smartphones, including SIM-free devices.
● Protection against various damages: In addition to screen cracks and other physical damages, the insurance also covers the costs of repurchasing a stolen or lost device (up
to half of the repair cost limit or the replacement value, whichever is lower).
● Personalized pricing: Your monthly premium is determined based on your safety score of using your device, which is calculated using the smartphone sensor data.
Monthly Premium and Repair Cost Limit (Coverage Limit)

Note: Starting from the 4th month, premiums will be discounted by an average of 30% based on
your safety score, provided that no claims have been made in the first three months.

Coverage Details

● Cracked screens and other physical damage
● Internal damage
● Accidental water damage
● Theft and loss
   (For total loss or theft, the company will cover up to half of the repair cost limit or the replacement value, whichever is lower.)

Exclusions:
● Minor scratches or damage that do not affect usage
● Battery replacements and other wear and tear
● Damage caused by intentional acts, gross negligence, violation of laws, or modifications
to the device
● Accessories such as screen protectors

For more details, please refer to the Important Information Document
(https://justincase.jp/smartphone/important-information202107.html) and the Terms and
Conditions (https://justincase.jp/smartphone/policy_doc202107.pdf).