The Kmart smart plan should be called a dummy plan, because they will make anyone who buys it look like a dummy when you try to get a replacement or repair for any of their products. They promise you at the register that if anything happens to your product, they will replace it no questions asked.
That's the first lie, they will ask you a million quetsions then not repair or preplace the damaged product. You pay for a service that is not worth the paper it is printed on and that's saying a lot since their receipt paper fades out in a matter of only a few weeks.
Monetary Loss: $180.