Standard warranty terms and conditions don’t cover accidental damage.

With Lenovo’s Accidental Damage Protection, upgrade your warranty so your system is protected from the unexpected.

What's covered?
Accidental drops, spills, bumps, and structural failures
incurred under normal operating conditions or handling, including electrical surges and damage to the integrated LCD screen.
Theft and loss is not covered.
If your ThinkPad is not damaged beyond repair, the repair is performed at no cost and returned, and if repair is not possible,
the entire system will be replaced at no additional charge.

Where is the T14s better?

• A larger battery: the 57Wh battery is 14% larger (than 50Wh battery on the regular T14). The processor also has a lower sustained power-draw (under 19W vs 22.5W on the T14); everything else being equal, it would last longer under heavy load out of the box (you can, of course - use T14's Windows power setting to cap the power usage & achieve a similar effect).
• A more metallic casing feel (subjective): some customers really enjoy the feel of the S series chassis, similar to that of a premium ThinkPad X1 series. Perhaps think of the T14 as the trusty everyday build & the T14s being just a bit more premium in the finish (quality & blending in - without the conspicuous glances which the X1 series's superlatively compact design might attract). T14s' base cover will be easier to remove, however, the upgradability will be somewhat limited (to the M.2 SSD slot, WWAN/Wifi card generally). Fingerprint marks appear to show up more easily.
• A thinner & lighter design at 0.2kg lighter & 1.2mm thinner (than the T14's 1.46kg, these are the FHD models). Remember Lenovo has a big customer base, those 0.2kg will make a huge difference, to someone out there (e.g. if they moved around frequently / have airplane handbag weight restrictions).
• This is the performance thin & light flagship: this rank is typically reserved for the premium X1 Carbon line-up. However, if you want a 14" ThinkPad laptop with AMD Ryzen in a X1 Carbon build, then currently the T14s is closest you can get (as the Carbon was not given a AMD Ryzen refresh). The T14s is still 0.2kg less light than the Carbon X1, though that's perhaps a better demonstration of X1 Carbon's ultra thin/light focus. The idea of an AMD Carbon will undoubtedly be exciting among the customers (this remains Lenovo's decision though). Alternatively look at the Dell XPS 9300, if you’re prepared for a less rugged build & carrying dongles.

• Runs a marginally faster: in tests it was approx 10% faster than the T14s (in the multi-threaded workload). Also maintains a higher 25W TDP for longer (for around 13 seconds vs 5 seconds on the T14s); plus it could sustain a higher 22.5W TDP (than the 19W of a T14s). To be clear: we feel that we should stress, this is only a marginal difference, even then Ryzen in T14s will still be faster than many of the larger 15.6" laptops using the Intel H series processor.
• A larger RAM support: with upto 16GB onboard + 1x DDR4, it could mean a 48GB RAM ceiling. Instead of 32GB on the T14s (non-upgradeable). With Ryzen, generally having dual-channel RAM arrangement is useful for a more responsive experience (including in the GPU focused apps). That means matching 8GB onboard with 8GB stick, same for the 16GB onboard. Ideally match the speed of the 3200Mhz on-board RAM (not cheap: it might be the tempting to use 2133/2400Mhz RAM - but on Ryzen machines, this will results in a less optimised experience)
• Has the Ethernet port built-in: whereas the T14s will need an adapter.
• Manages the surface heat better: the less metalic palmrest means that less heat travels upwards (also the UK Ryzen 7 model which we've tested has dual heat-pipes vs a single on the T14s). The more metalic feel on the T14s means that some surfaces acts as a heatsink. T14's fan is capable of ramping up around 8% faster (4000rpm max vs around 3700rpm on the T14s).
• Its upwards firing speakers: a welcoming change (context: X1 series has a 4 speakers setup; the T14 follows reasonably closely, although it could do with more bass, keep in mind that this laptop will mostly be used for work / where the voice quality is important - it functions there).