The VSL website says, "If you’d like to protect your licenses on your iLok keys, please refer to iLok’s Theft and Loss Coverage (only available on iLok 3 keys, not on iLok 2 keys)...."
But the link to the iLok page specifies, "Requires Second or Third Generation iLok USB."
Does this mean Theft/Loss Coverage is only available with iLok 3 specifically when it comes to VSL? The above quote from the iLok site suggests that iLok 2 dongles also have that option.