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I never said it would. This is why I go on to mention insurance provided by most credit cards, etc...

Do people just not read entire posts or am I writing everything in a foreign language? You're the second person to mention this....

Not sure why you’ve quoted me twice. You’re right there is no need for AppleCare for warranty repairs.

Also the report is about theft and loss cover. Something that wouldn’t be covered under warranty anyway.

I’d rather pay a few extra quid and know I’m covered than lay out another grand if my phone was stolen, lost or damaged.

Each to their own though. Certainly isn’t a scam by any means. You also don’t have to have it if you don’t want to.
 
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I had a rear lens cover break on apple care+. Not the camera, but the lens cover. “Service fee” is $99 as it falls under “other damage.”

Apple does not try hard enough to reasonably delineate between minor and significant repairs.
The way it's priced is either service or replacement. For example, if you have a cracked screen, they replace the screen, but in your case of a rear lense cover break, they have to replace the entire phone. The replacement fee for Apple Care+ members is $99, so for that $99, you're getting a new iPhone.
 
I never suggested consumer protection offers anything for accidental damage or loss. This is why I stated my credit cards and other banking services often offer this service (which they do). Moreover, they cover not only my phone but all my other items for the same price as one AppleCare+ package. Imagine picking up Apple's insurance product for each individual Apple device you own. Believe me, Apple makes a killing with this one.
You said, “This is a complete rip-off. There is absolutely no need for AppleCare+ when it comes to warranty repairs.” I’m just pointing out why your solution is not the same as AppleCare+. YOU may decide that YOU don’t need the coverage. That does not make it a “complete rip-off” for others, and your solution does not give you the same protections.
 
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