Is my apple care still valie?

So i bought an iphone a couple months ago and recently lost it, however i have apple care so i have the ability to get a new one for 50$. The place i lost it at says things can turn up within weeks so i decided to wait to replace it, however. I still need a phone. If i switch my number to an old phone i have (which i know i can do i have sprint) but then a while later report to apple that my iphone is missing, will my apple care still cover it?

Apple Care or Apple Care + does not cover loss.
http://store.apple.com/...for-iphone

If you pay monthly for insurance on your Sprint bill, that may cover loss.