3 year, 36k mile extended warranty for $1280?

[PorscheG96]

Would you consider this good insurance that covers the following? This is for a 2002 Boxster S 6 speed with 81k miles. Thanks.

Engine:
Crankshaft & bearings, oil pump, oil pump pickup/screen and tube, pistons, rings, wrist pins, connecting rods & bearings, timing gears, chain/belt, timing tensioners/guides, camshaft, bearings, push rods, rocker arms/shaft, hydraulic lifters, intake and exhaust valves and springs, cylinder head gaskets. Engine blocks covered if mechanical failure was caused by above-listed parts.

Transmission:
Internal transmission parts consisting of gears, input and output shafts, bearings, overdrive housing. Transmission case if malfunction was caused by the above listed parts.

Drive axle assembly:
Drive shaft, ring/pinion gears, pinion bearings, side carrier bearings, carrier assembly, thrust washers, axle, axle bearings, limited slip clutch pack assembly, universal joints, CV joints [except if boot was damaged or missing], drive axle housing.

Cooling:
Water pump, - limited to 50% parts & labor.

Electrical:
Alternator, starter and voltage regulator - limited to 50% parts & labor.

24 Hr emergency roadside service:
Towing, flat-tire assistance, lock-out service, “jump-starting”, fuel and fluid delivery, safe and secure package.