All 1:1 devices are iPad 2s with 16GB of storage and Wifi only.
1:1 iPads are covered by AppleCare+. This service provides full device replacement in the case of accidental damage, including liquid damage. The charge for replacement is $49. While our school's general insurance technically covers theft, it has a $500 deductible - the cost of two iPad 2s. iPads are not insured against negligent loss.