Thats basically applecare+ already. You pay like $100 upfront to get things like your phone screen fixed for $29 instead of $129. So it works out in your favor if you are one to go through a few phone screens per device. Past couple phones I've had I'm under 1 screen per phone's life on average so it works in my favor not to get applecare+ and just pay out of pocket the few times I go through a screen.