Smartphone, tablet, laptop sales lead to new insurance segment

Tuesday, May 24, 2011

Strong sales of smartphones, tablets such as the iPad, and laptops in Brazil have led to the birth of a new insurance segment, according to Diário do Grande ABC Online.

Porto Seguro, one of the country's largest insurance groups, now offers insurance for the three types of devices. The policy provides coverage against damage produced by accidents (not caused by the owner) and theft.

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