Ipad is an innovative invention by Apple. I own an iPad. It is a costly device for professional like me. I always advise my colleagues to insure their devices and gadgets. When I heard that worthavegroup.com has launched an iPad Insurance product, I bought their insurance policy. ipad warranty does not cover all things. The insurance company will give you replacement cost in case iPad is stolen or damaged. One can get $499/- by paying $37$ premium.