AT&T to offer insurance plan for iPhone

May 31, 2010 (CHICAGO)

Documents from AT&T obtained by the Cnet website show the mobile protect insurance will cost about $14 a month and will insure the iPhone against loss or damage. There is a deductible between $99 and $199 depending on the size of the iPhone.

The insurance plan will reportedly roll out next week and it would be billed to an iTunes account and not an AT&T bill.

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