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Why is the price of Wireless Phone Insurance going up?

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Why is the price of Wireless Phone Insurance going up?

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Wireless phones can do more than ever before. This has led to increase in phone cost, and as a result the price of Wireless Phone Insurance is also increasing. This price increase brings the price of the Wireless Phone Insurance program available to Cingular customer’s inline with the general marketplace price for comparable insurance offered through other wireless carriers. The price of the Wireless Phone Insurance program available to Cingular customers has not been increased since 2002.

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