I don't recall seeing a reference to this in the past. There is now a 2 year Extended Warranty Program available for the Kobo Touch, usable by US and Canadian residents, for $34.99 + taxes. You can even use PayPal.
A Kobo eReader Touch Extended Protection Plan provides replacement or repair of your eReader for two years from the date of purchase for any damage caused by accidents (including drops, falls or spills), acts of God or other external causes.
Very nice! One of the things Amazon offers is a similar program ... but only for US residents.