We never think it will happen to us, and then it does. In my case, two times. I'm talking about losing my mobile phone.

The first time I lost my valuable mobile was due to too many beers on a boys night out. Thinking back I was using my mobile phone on my way home and must have left it on the back seat of the taxi. The following morning, when I realized what had happened, I called the cab firm only to hear that my phone had not been found.It was suddenly painfully clear how much of my life was actually stored on my little mobile telephone.

I vowed that I would be far more careful in future and get myself some mobile phone insurance to cover the cost of replacement. The expense was actually the last thing on my mind as I'd lost a whole load of important telephone numbers and contact details that weren't stored anywhere else.

We're all guilty of doing it. When we run into an old friend or make a new contact we immediately enter their contact details into our mobile phones and often don't even think about transfering those details to an address book.

I then lost my new phone on yet another night out, but this time I wasn't drunk. I am convinced that a pickpocket was operating in the club and they had expertly removed the phone from my pocket. The truth is that I probably dropped it on the floor when removing cash to pay for drinks at the bar. I told the club staff but my new phone never turned up.

Unfortunately I had not followed my own advice and hadn't taken out a mobile phone insurance policy. But, subsequent to my previous experience I had kept a record of all the new phone numbers and contact details that were on the device so the loss wasn't quite as disastrous as it had been the previous time.

You may be wondering if there is a moral to this tale? Not really. But I strongly recommend that you regularly backup all of your contact details from your mobile phone and consider getting some insurance to cover the cost of replacement.