Virgin Mobile offers AppleCare+ device protection plan that requires only one-time, up-front payment, which is different from the existing add-on monthly insurance program. AppleCare+ is the only extended warranty and protection program available for the iPhone at Virgin Mobile.
Benefits of AppleCare+ include:
Provides a one stop shop for all technical and software support.
However the device will not be replaced, If the device has any external damage.
I hope this helps!
@JoshAVGeek I assume you are referring to the ridiculous videos on YouTube and other ridiculous claims that you can drill into your iPhone 7! You are correct any deliberate damage to your phone is not covered by insurance!