Would you pay AT&T $13.99/month for MobileProtect iPhone insurance -- with a $199 deductible?

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!]

Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.