Lifestyle Services Group (LSG) has announced a partnership to administer mobile phone insurance (MPI) for Lloyds TSB customers.
The company said it has developed an MPI product, which will be made available to 4 million eligible Lloyds TSB customers.
The product includes a provision for loss, as well as accidental damage cover and theft.
Lloyds TSB Select, Gold Service, Platinum and Premier Service account holders will all be eligible for the new cover.