Break your iPhone in this case, and you'll get a new one for free. Sounds like a pretty good deal, right?

Meet Cellhelmet, a new protective iPhone case from a company called Cellpig. Originally started as a Kickstarter project, the cases recently went into production and are now available for retail sale.

“Originally, we wanted to create the most 'indestructible' case on the market, “ Mike Kane, CEO of Cellhelmet told Mashable. “But, as we developed our designs, we realized that we were basically recreating something that can already be found on every shelf - a big and bulky case, which wouldn't fit comfortably in a pocket. That idea went out the door real quick. At this point, a light went on and we thought, 'Why don't we design a case that is slim and sleek, with moderate protection, but get a company to back the product, saying that if the iPhone breaks inside, it will be repaired or replaced?' Bingo - we went with it.”

Cellhelmet turned out to be exactly that, a super-protective case that doesn't add a ton of bulk to your phone. The case is backed by by Global Warranty Group, and is the only case on the market that offers damage coverage on not only the case itself but also your phone inside.

If your phone breaks in the case (excluding water damage), then the company promises to replace it for a year for a $50 handling fee, with no monthly fee for the coverage. Phones are repaired or replaced within three days of receipt and are overnighted back to your address.

The case is made of dense polyurethane rubber, and has angled edges for drop-shock displacement around the device. It be purchased and used on any iPhone 4 or 4S, even jailbroken iPhones and ones you've been using for a few years now.

Apple offers AppleCare+ for new iPhones for $99, and will replace your broken phone twice due to mishandling under the program for $49 — making it still probably a better bet for new phone owners. The win with Cellhelmet is going to be for people who are still using a phone where Apple Care has run out, people who didn't sign up for coverage when they bought their Phones (most require you sign up immediately or within 30 days), and those who have jailbroken their iPhones which makes them ineligible for Apple protection.

What do you think about Cellhelmet? Let us know your thoughts in the comments.