Applecare+ for a $99 Item, you gotta be kidding me.
Two accidental damage cases for two years for $15? Yeah, not bad to be fair.Can I assume you don't have young kids who will no doubt be attracted to the glowing sphere, put their hands on it and possibly send it crashing to the floor?
You'd probably pay more in "insurance" per month on a cruddy point and shoot camera.