Overview: "2 years of ultimate protection for your laptop. Get peace of mind for 2 years from your date of purchase. Accidental Damage from Handling coverage (meaning damage due to accidental drops or spills) and surge protection starts on day 1."
Details from the terms & conditions: The plan... "will pay for the cost of shipping your product to and from our service center or replacement facility. We will repair or replace the product with a new or remanufactured product of like kind and quality that performs to the factory specifications of the original product or provide you with an Office Depot gift card or check, with a value equivalent to the original purchase price, excluding sales tax. Repair or replacement of the product will be at our discretion, when required due to a breakdown, in accordance with the terms stated herein. Note: Repair or replacement for failures due to power surges as well as technical troubleshooting support shall be provided regardless of whether a product is covered under any other warranty or service plan. We may replace your product or we may at our discretion issue you an Office Depot gift card or check for the original purchase price of that product, excluding taxes, as indicated on your sales receipt."
My understanding is that they consider a dead battery irrepairable since it's not designed to be replaced... so, they would give you a replacement tablet or apply the purchase price to a new tablet. Not 100% on that but that is what we were told and it sounds plausible given the wording of the terms.
... but yes... I can see how some folks might abuse the agreement.