The insurance policy covers damages for 12 months. You can renew the contract four times, if you wish.
With insurance, your device is covered against breakage — even in cases of negligence. Negligence? Yes. Like when your phone slips out of your pocket and hits the ground.
For accidental breakages, your device will be repaired. But if repair isn’t possible, you’ll receive a voucher that you can use on Back Market to buy a replacement.
You’re able to file 2 claims per year of coverage, which kind of gives new meaning to “Oops, I did it again”.