You may get forgeted over. You may not get your money back.
Their plans expire 3 months before advertised expiration periods for what the customer service agents deem a "buffer period".
While working at Staples I was the top sales person at my store, and one thing I was always encouraged to push was the protection plans, being told it was in the customer's best interest and they would be covered for pretty much all damage for one year following the manufacture's warranty. This is a lie. They will not cover you if they can deem the damage "environmental" from either the sun, rain, or animals (which goes against their claim that you get it specifcally if you have pets to protect them from pet related damages). This is also a lie because they randomly cancel your protection plan so you cannot be covered if you happen to file the claim in time, but other wise their ambiguous rules about when the proper time is leaves one unable to determine when they should file a claim to get their money back. It is the most horrible waste of money I have ever witness and is close to criminal in actions in my opinion although I am sure there is some legal bullstuff that they hid in the corner of a store somewhere that stated all protection plans actually run 3 months less than advertised.