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Insurance for Nexus one UK

I haven't but would like to. I also looked around for when I purchased my iPhone 3GS but most people said they took it out with their provider (contract based). I'm on PAYG with o2 and I called them up and they don't offer insurance for PAYG customers.

I am with LloydsTSB bank and they actually offer mobile phone insurance on their Silver account (
 
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