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ZipZap

macrumors 603
Original poster
I just encountered this today:

(b) If you cancel more than thirty (30) days after your receipt of this Plan, you will receive a pro rata refund of the original purchase price. The pro-rata refund is based on the percentage of unexpired Plan Term from the Plan’s date of purchase, less (a) a cancellation fee of twenty-five ($25) dollars or ten percent (10%) of the pro-rata amount, whichever is less, and (b) the value of any benefits provided to you under the Plan.

Is this a well known fee for cancelling AppleCare?
 
If I were to purchase Apple Care, I'd wait close to the 60 days from date of purchase. By then, you'd know if you're keeping your iPhone.
 
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