I'd estimate dead battery and network signal problems occur two orders of magnitude more often than people losing their wallet. Even for rarer problems like ph

I'd estimate dead battery and network signal problems occur two orders of magnitude more often than people losing their wallet. Even for rarer problems like phone software freezing up, touch sensor going awry, phone memory full but can't clean it (a bug but still), and losing network access because someone didn't pay the phone bill or it's pay-as-you-go and can't afford the top-up quantum - I think I've seen all of those more often than I've seen people lose all their cash. And then there's the cost of replacement. If you urgently have to get a new phone to replace a broken, lost or stolen one, to pay for necessities - many people don't have enough short-term funds to cover it, nor access to credit. Some of these can be addressed, but we've a long way to go.