Updated

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T-Mobile is once again trying to lure away customers from a bigger wireless provider, this time offering to pay off the remaining iPhone (or Google Pixel) payments for Verizon customers willing to jump ship . . . and also willing to toss away $15/month on insurance.

T-Mobile is launching a limited time promotion on May 31 that will pay off any remaining balance Verizon customers have remaining on their Google Pixel or iPhone devices when they switch to the UnCarrier.

You'll have to pay off the balance yourself first. Within about 15 days, T-Mobile says it will send former Verizon customers a prepaid digital MasterCard for whatever amount they had to pay off, "whether you owe $1 or $1,000."

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Devices eligible in the promotion include: iPhone SE, 6s, 6s Plus, 7, 7 Plus; and Google Pixel, Pixel XL.

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