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Not an answer to your question, but years ago I used to work at best buy. My employee discount was 5% over cost. I could purchase their $200 service plan on an appliance for about $15. With the discount, definitely worth it.
Honestly, Best Buy's service plans are slept on. I had to use them for a couple TVs that both started failing a few months after the manufacturer warranty ended. Ended up getting a free upgrade on both units because they stopped making that particular model (I wonder why) so they replaced both TVs with a slightly bigger display.
I bet it was the backlight, they always cheap out on the LED backlight strips on those cheap TVs. Easy, but delicate fix (you have to basically teardown the entire TV, panel, light filters everything)
Yup! One of them had a backlight issue, where the bottom third of the screen was dim. The other one had a speaker go out. Last time I buy Insignia.