The cell phone protection that comes with the Ink Business Preferred card covers phones when the number is listed and service is paid for on the card’s monthly statement.
The coverage maximum is $1,000 per incident and there is a $100 deductible. There is a limit of 3 claims per calendar year.
Coverage is provided for damaged or stolen phones.
You can pay for employee, family, or friend’s phones on your monthly statement and receive coverage.
You do not need to register for coverage. If service is paid for with your card, coverage is automatic.