A:AnswerYes it does. The Keyboard and Pencil are always covered under your iPad Apple Care+ coverage. “Open Box” at BB there’s nothing that disqualifies you from coverage. Unlike Amazon where “Used Like New” often does not give you the ability to get Apple coverage.
A:AnswerIt will protect the IPad somewhat however if your looking for total protection this is not your go to. When close the keyboard protects your screen and the back of the iPad, however the sides of your iPad are still exposed.
The Magic Keyboard doesn’t not have a battery and when connected it “runs” of your iPads battery. It does not noticeably decrease your ipads battery life either.