<human>: Condense the text into a few key points

Yesterday I was buying shoes, and by the time I make it to checkout my phone has disappeared.  I look around, nothing.  I borrow someone else's to call it, straight to voicemail.  All of the store reps looked for about 20 minutes, it was gone.  Probably stolen.

So I go to my carrier and they deactivate the phone, offer me a loaner, and put in the claim with this insurance company (I had bought a policy with the phone.)  I pay my $120 over the phone, and they tell me I'll have a brand spankin' new Blackberry Bold 9700 in a few days.

So, assuming that this is in fact a new-in-box 9700, it could surely fetch a decent price on Ebay.  I really want a new phone, so I'm thinking of listing the replacement phone and hopefully getting a few hundred bucks towards a new phone.

Questions:

 - Is this (yeah yeah, I know nobody here can give "legal advice") legal?  I really don't have any trouble with the "morality" of it.

 - I still have my minutes, texting and web plan, but if I replace my Blackberry with, say, a snazzy new Android phone, would simply popping in my sim card enable me to use my web, etc. on a new phone?  My plan refers to the service as "BlackBerry Unlimited Web + Unlimited Messages"
<bot>: Lost phone, getting a brand new one.  Should I sell it and put the proceeds toward a better phone?  Will it work?