When buying expensive products, users may slap on bulky cases or purchase device protection insurances with their carriers. Apple moves beyond this convention and has been, for a while now, offering AppleCare. AppleCare is a paid service that caters to faults and damages done to these devices by users. AppleCare can be purchased alongside a new device or separately afterward as well.
There are tiers of protection plans by Apple and AppleCare+ is the most covered option. Until a while ago, this service came at the cost of an upfront payment at the time of purchase. This upfront payment would be different for different devices (iPhones would have a more expensive cover than Apple Watches). Apple recently allowed monthly payments for its service but according to the latest developments, they have updated the idea altogether.
According to an article on 9to5Mac, the company has revised its terms and conditions for the AppleCare+ service. Before, the company had introduced monthly payments for specific time services, such as a 2 year or a 3-year contract. According to the article, Apple has revised this to accommodate indefinite plans for devices. That means the service has purely become a subscription-based one.
When purchasing new devices, users can now opt for the “Pay monthly until canceled” option. What this means is that users would not have to pay an upfront cost for the entire year or two. Instead, it would be a traditional pay-as-you-go deal. While it is an interesting change, it has some upsides and downsides to it.
Starting at the upsides, users would have the liberty to start and or stop coverage at any time which pleases them. It would also mean, if a person decides to sell the device, he would have paid the upfront charges for nothing. On the other hand, though, since Apple is not openly marketing this update, many users are still in the dark and would not opt for the monthly option. Not to mention, with the monthly option, users would be paying more per month than they would with an upfront deposit. Despite these implications, it is a nice feature and is available now, even with theft and loss coverage packages.