If you lose the product you bought you can generally not get an refound ;=) And doesn't apple have some form of remote logout/factory reset feature for lost de

If you lose the product you bought you can generally not get an refound ;=) And doesn't apple have some form of remote logout/factory reset feature for lost devices? EDIT: (Sure requiring remote factory reset for lost devices would not work if it's a iPad which has not internet connection and never gets one again in it's live time, but that would be an acceptable corner case I thing).