Why would you pay $7 per month to cover leased equipment?
The only advantage is that you get the reduced service call rate from $95 to $15 and free shipping.
Everyone on this forum is capable of trouble shooting their own system, and unless your receiver breaks down every month, it's just cheaper to pay the shipping of $15.
For those of you who have been through several Dvr's then the protection plan may be worth it.
Personally I wouldn't pay to insure Dish Network's garbage.
With that said, I wouldn't get Directvs $5.99 protection plan either.
Directv does have a plan for $24.95 that covers your tv, iPad and all your electronics in your home. That may be worth looking into, but I got to see what the limitations are