What does deductible mean for iphone?
I just bought my iPhone today and the sales rep was telling me about an insurance app I could purchase. He said if my phone was lost or stolen, the company will have a deductible of $200 for my iPhone. The app is called MobileProtect. I okay with paying the monthly fee if its worth it, but I don’t really understand what this “deductible” mean. Some help please?
You know what a co-pay is for your medical insurance?
A deductible is like a co-pay. So if you lose or damage your iPhone, you will pay $200. I think MobileProtect is $15 a month.
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