I read about this on
rcrwireless. I think this may be a good try before you buy type thing or for someone who say lost, broke, or had their expensive ppc device stolen and didn't buy the insurance. Especially if you on had a few months till your carrier offered a whatever credit they do at the time of contract renewal. I couldn't see myself paying for 24 months on this though. I don't need a new phone every month that bad.