An assurance for something you invest in always gives a “feel good” essence. The confidence of investment is elevated whenever the investor is made sure of the investment at right place. This is done by giving warranty on the products & services being to be had to its consumers by a corporation. A warranty is a written “promise” or a deed by the service provider to its acceptor for the services being offered is true and if found false, the investor will be rightful of the entire reimbursement either of their investment or for the replacement for the entity under warranty. A warranty ensures the consumers to give in their hard-earned money to procure the service/ product to a great extent as it stimulates a sense of satiation of not letting their investment go in vain. If the products do not prove to be up to the mark or does not comply with the promises made during investing then within no time they can surrender it with no deficit. The warranties & disclaimers are legal techs and are not a matter to be bluffed.
The product guarantee can be of various natures. It can cover the entire entity or just a part/ parts of it. The warranty can be for a lifetime (until the life of the product) or for a limited time period. The thing to take care of before claiming a product service contract is to see whether the product/ services have been consumed in the standard way before the defect arose or their have been special conditions leading to such a situation. There are some warranties that cover the conditions from normal to some special cases but not always.
Providing a warranty to your product ensures the confidence of manufacturing, working and technology you have imparted for it to stand in the market that without a flaw attracts consumers with full faith!