AT&T Inc. (NYSE:T) will be launching a new insurance service starting on June 6th called MobileProtect. This insurance is specifically made for the Apple iPhone and will have a price tag of $13.99 per month.
The deductible costs $99 for an 8GB 3G iPhone and $199 for a 32GB 3GS iPhone. You would have to enroll in the plan within 30 days of upgrading or purchasing a new iPhone. [BoyGeniusReport]