Samsung Protection Plus could be the Korean firm's extended warranty plan5
With AppleCare+, Apple iPad owners also get an extended two year warranty, and are allowed two repairs to cover accidental damage at a price of $49 for a service fee on each repair. AppleCare+ costs $99 for both Apple iPhone and Apple iPad owners.
As far as Samsung is concerned, all we have is a trademarked name. Perhaps now that the name has been revealed, we will hear some information about what Samsung has in mind. In the U.S., its products come with a one-year warranty while European law requires that they have two-years of coverage out of the box in that continent.
Source: USPTO, JustiaTrademarks via SamMobile, AndroidAuthority