INSURANCE PREMIUM

<p>last year when i upgraded my cell phone contract i took out an insurance for the phone. im paying a premium of r195 monthly. this year in september my fone was ****** and i submitted an insurance claim. i was then told the value of my fone was r8000 . i was very surprised by this as the amount of money im paying for the premium of r195 is for handsets value of 9 ********** 0. my question is why am i still paying r195 while the value for my fone is less ? ive sent the insurance emails asking about this and rec no feedback.</p>