I am trying to understand the business model of One Assist Consumer Solutions Pvt. Ltd. as it is not clear anything from their website. The complaints suggest that they are making money in the name of the insurance against theft, accidental damage of mobiles, wallets etc. However what I could make out is the company might be a repair shop or some agency but the money is being taken in the name of insurance. The website in the case of mobileassist and walletassist states:
Mobile assist:
1. One call to block your lost phone and block your SIM to avoid misuse
2. Doorstep pick-up and drop service for damage repairs.
3. Get a temporary handset if your phone is damaged.
4. Handset theft Insurance cover of up to Rs.30,000

Walletassist

1. One call to block all your bank cards to avoid misuse
2. Cover against fraud on credit & debit cards. Pre-reporting & post reporting.
3. Complete protection against frauds due to Skimming, Phishing, Duplicate cards & Online transactions.
4. Free replacements for your PAN card & Driving License

I am looking for feedback from the valueable consumers who might have availed their services for better understanding and appropriate steps further. more  

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I purchased Amazon Fire TV, a small gadget to convert my HD TV into a smart TV. I received a One Assist subscription free with the purchase. It seems like a breakdown or theft insurance. I too am not clear about their services. more  
I am not aware of this company and so have not availed of their services. However my feeling is that such financial transactions should be done through the respective banks only. I do not see any special advantage going through them. It can only be some disadvantage. For example, it will be required to share the bank account / credit or debit card details with this company. It is not be advisable, if not foolish, to share such details with anyone. I will never do it. On the other hands, banks periodically advise not to share such details with anyone. more  
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