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Got new phone for son...

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So we finally bit the bullet and got our teenage son an Iphone5.

We purchased the monthly mobile insurance through AT&T.

 

My question is - if he loses it (my biggest fear!).  I understand he pays the deductible to replace the phone, but then will the new phone be turned on and will just use the monthly fee we are already paying for the current phone?  Or will we continue to pay the monthly charge on this Iphone5 and then pay an additional monthly charge on the replacement Iphone5?


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