MonkeyMD
Autocross Champion
You may want to read that warranty paperwork very carefully and strongly consider getting a refund. VW sells an "almost backed by VW" warranty, but this isn't it.
First Extended has absolutely awful reviews. From the reviews, it sounds like you're better off flushing your money down the toilet (Best & Worst) First Extended Service Corporation Reviews - ConsumerAffairs | Page 2
When will people learn that extended warranties that aren't backed by the manufacturer (like Honda/Acura Care, MOPAR for FCA etc) are worse than a waste of money as they first take your money and then make you mad.
You have 30 days to cancel. Do it now.
Don't generalize. There are some that are worth it. My 3rd party extended warranty on my CX9 had zero deductible, cost me 1750 and they paid out over 4k in work, no questions asked. It's anecdotal, but then I'm not saying ALL 3rd pay warranties are great or terrible.