Buy insurance for my son's new iPhone?

<p>The iPod touch is old with a slower processor and not much memory on it. The only thing I use it for is as a bluetooth music transmitter. My eyesight has deteriorated to the point where I can’t read it that well with glasses. I much prefer using the iPad. My current Apple stock trade is up $13,243 so that’s my budget on Apple gear. There just isn’t anything that I care to buy for the foreseeable future.</p>