Asurion is a rip off. My parents got it for me for my first smartphone. When I upgraded to my iPhone 5 the Verizon store employee asked me if I wanted to keep it. LOLNOPE.
yes Asurion is a rip off.
Interesting. That article speaks of a cancellation fee, which I couldn't find. Mind you I didn't search too hard. Dealing with my infant son and it;s too damn early lol.
The refund would not be $50 after one year, but you would get something back.
From Apple Site.
If you cancel within 30 days of purchasing your AppleCare product, you'll get a full refund less the value of any service already provided.
If you cancel more than 30 days after purchasing your AppleCare product, you'll get a pro rata refund based on the percentage of unexpired AppleCare product coverage less the value of any service already provided. You can find the cancellation fee in the AppleCare product Terms and Conditions.
The guidelines may vary in your region, so read the Terms and Conditions specific to your product and country.
Gather the required information
■The AppleCare product number from the Proof of Coverage certificate
■The original sales receipt
■The serial number of the Apple hardware covered by the AppleCare product
From the terms of service. (i underlined the cancelation fee part)
9. Cancellation
You may cancel this Plan at any time for any reason. If you decide to cancel this Plan, you may call Apple at the telephone number below to do so, or you may send or fax written notice with your Plan Agreement Number to AppleCare Administration, P.O. Box 149125, Austin, TX 78714-9125, U.S. (fax number 916-405-3973). You must send a copy of the Plan’s original proof of purchase with your notice. Unless local law provides otherwise, if you cancel within thirty (30) days of your Plan’s purchase, or receipt of this Plan, whichever occurs later, you will receive a full refund less the value of any service provided under the Plan. 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 service provided to you under the Plan. Unless applicable local law provides otherwise, Apple may cancel this Plan for fraud or material misrepresentation. Unless applicable local law provides otherwise, Apple may also cancel this Plan if service parts for the Covered Equipment are not available, upon thirty (30) days prior written notice. If Apple cancels this Plan for the unavailability of service parts, you will receive a pro-rata refund for the Plan’s unexpired term.