A Product Protection Plan is a service that offers coverage for your purchased items against damage, theft, or malfunction. This plan typically includes repairs, replacements, or refunds, depending on the terms and conditions. It helps consumers safeguard their investments and provides peace of mind. These plans are often available for various products, including electronics, appliances, and furniture. When you buy a Product Protection Plan, you usually pay a one-time fee or an annual premium. It's important to read the details carefully to understand what is covered and any exclusions that may apply.