Renter's Insurance (For SIM & Phones) Against Damage or Loss

Recently, after an amazing Israel trip, a customer lost her smart phone with all her once-in-a-lifetime pictures --- and the SIM from "Cheap Talk Israel". Unfortunately, we had to charge the replacement fee. Now, we offer insurance for SIM & phone replacements. For only $2.99 per item, you're covered for loss of the SIM, standard phone or smart phone minus the deductible. (Deductibles: $10 for a phone)  (Normal replacement fees are $20 for SIM, $40 for standard phone & $100 for a smart phone.)  NOTE: We expect renters to obviously take good care of insured merchandise.