For iPhones there are two levels of coverage - the basic AppleCare is free (included in purchase price) - which covers manufacturing defects for a period of 1 year (some countries requires 2 year coverage), and include 90 days of telephone support.
The extended coverage is called AppleCare+ (PLUS). This costs $99 USD and covers manufacturing defects and accidental damage plus telephone support for 2 years. This covers everything but theft and loss, and for physical damage and other non-manufacturing defects, you get two replacements within the 2 year coverage period for an added fee, depending on the device model.
Yeah, you buy the coverage and then have to pay for the replacements as a "deductible".
replacing the whole iPhone ( give you a new one ) cost ?199 in UK .
replacing screen cost ? 99 in UK
so if I pay ?79 for apple care , then I pay ?55 for let say the whole new iPhone or screen or whatever, , it would be a total of ?134
it means I saved ?65 .
I have never damage my iPhone more twice in my 6 years of iPhone useage , so
so we'll let say I damage the iPhone again within the 2 years and I pay ?55 again to get a new iPhone , then I saved ?144 .
only if I managed to damaged it within 2 years time