AT&T to offer MobileProtect iPhone insurance

BGR got their hands on a leaked AT&T document that purports to show a new iPhone insurance program called MobileProtect that will cost you $13.99/month and include a deductible of $199 for an iPhone 3GS 32GB. ($99 for the iPhone 3G 8GB)

You must enroll in the plan within 30-days of upgrading/purchasing a new iPhone. AT&T is launching this service as: “Lack of iPhone insurance is a leading source of iPhone related customer complaints.”

So does anyone think $168 a year is worth it for a little rebate and piece of mind? Deal or no deal?

[BGR, Thanks to everyone who sent this in!]