What will happen to my iPhone 5 if it breaks now?

OK, last year I got an iPhone 5 (no android fanboys please) and love it. I live in the UK and am on Contract with EE. (with 4G). I was wondering It';s insured so in case it breaks I'll get sent a new one.
Will I still receive an iPhone 5, after it's been discontinued by Apple following the launch of the 5C and 5S? I don't need an upgrade, I'm just confused! Please help.

(Remember, UK).

Added (1). Yes, just to be clear, they aren't making iPhone 5 anymore.

I would suggest you ask Apple that. If they are discontinuing iPhone 5 then you may not get a replacement. Why would they reserve one for you when you might never need it? Like I said best to contact the customer services at Apple.

You get a new Iphone 5.

They still have plenty of them in apple stores

You will get a refurbished phone ie someone else's phone that broke and has been repaired

If your phone breaks they will send you another phone but it won't be a new one. Most if not all companies send you a used one. If you want a new one you would have to take a 5c or 5s because I heard apple isn't making the 5 anymore.

They send you a used refurbished phone not a new one.

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