The iPhone Upgrade Program allows participants to make monthly payments on an unlocked iPhone without having to finance. After 12 payments, customers can trade in their current iPhone and upgrade to a newer model. Currently, the program is offered on the iPhone 8, 8+, and the iPhone x. In addition, AppleCare+ is included in the monthly installments and provides coverage for up to two incidents of accidental damage. Each incident is subject to a service fee of $29 for screen damage or $99 for any other damage. Interested parties can sign up online at the apple website, or in store with their carriers. This announcement came one month before Apple is expected to introduce new devices.