Nissay Plus Microinsurance Co., Ltd. (President: Hiyoshi Imakishi), a subsidiary of Nippon Life Insurance Company (President: Tomoji Asahi), and Global Trust Networks, Inc. (President: Hiroyuki Goto; hereinafter "GTN"), which comprehensively supports foreign residents in Japan with housing, telecommunications, financial services, and other aspects of daily life, have begun offering smartphone insurance for foreign residents. Under this collaboration, Nissay Plus Microinsurance's "Smartphone Insurance" will be offered alongside GTN's GTN Mobile service, promoting an environment where foreign residents can use smartphones in Japan with peace of mind. 1. Background of the Collaboration For foreign residents, smartphones are not merely communication tools but essential infrastructure supporting daily life and employment. From contacting family back home, job hunting, communicating with employers, administrative procedures, accessing medical and disaster-prevention information, to cashless payments—many aspects of life in Japan revolve around smartphones. On the other hand, newly arrived foreigners or those unfamiliar with Japanese systems often lack adequate protection in case their smartphone is damaged or broken. Barriers such as insurance products being primarily in Japanese and complicated enrollment procedures mean that preparing for emergencies is often postponed. Repairing the latest models can cost between 50,000 and 100,000 yen※1—equivalent to approximately 20–40% of the average monthly income of foreign residents (approximately 250,000 yen)※2. To address these unique concerns and challenges faced by foreign residents, GTN and Nissay Plus Microinsurance have partnered to offer an affordable "Smartphone Insurance" that provides risk coverage tailored to this population. ※1 Official repair price range from major manufacturers (based on internal research) ※2 Ministry of Health, Labour and Welfare, "Basic Survey on Wage Structure 2025" 2. Details of the Collaborati