No extension for AP coverage service past 2 years

[VogelPhoenix]

"You were among the first clients to benefit from our AP Coverage Service, which protects your watch against burglary and robbery and functional damage for two years from the date of purchase. Thank you for placing your trust in us. We are committed to accompanying our clients on their own journey with their watch and we are pleased to say that this service is now well established.

As two years have almost passed, we would like to kindly remind you that the coverage service for your watch will end on 31 December 2024."

I'm disappointed they don't offer an extension of the service beyond the complementary two years (for pay, of course). By now, they should have a fairly good idea of the loss rate (which all rumors said was very low), and be able to figure out how to run this at cost or with a modest profit. Too bad, as that's still a unique selling point, for two years at least...