1. Repairs: The warranty provider promises to repair or replace any defective parts or components of the product covered under the warranty. This typically includes parts and labor costs, but may exclude shipping and handling fees.
2. Replacement: If the product cannot be repaired or the repairs do not resolve the issue, the warranty provider may offer a replacement product of the same or similar value. This may include the same model or a newer, upgraded model.
3. Refund: In certain cases, if the product cannot be repaired or replaced, the warranty provider may offer a partial or full refund. This option may be available if the product has been determined to be beyond economical repair or if the consumer is not satisfied with the repair attempts.
4. Support: Warranties may also include support services, such as technical assistance, troubleshooting, or customer service, to help resolve any issues or answer questions related to the product.
5. Duration: Warranties come with a specified duration, which could be a limited period (e.g., one year, three years) or a lifetime warranty. During the warranty period, the coverage remains active, and the warranty provider is obligated to fulfill the terms and conditions outlined in the warranty.