Extended warranties are policies that extend the warranty period of consumer durable goods beyond what is offered by the manufacturer. It covers the cost of replacement or repair of the product, if it is caused due to a manufacturing defect or poor workmanship.

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Extended warranty insurance extends the initial manufacturer’s warranty on products, covering repairs or replacements after the original warranty has expired. This is useful for protecting gadgets or appliances against mechanical breakdowns or other unexpected issues.
Normally your extended warranty insurance covers consumer electronics, appliances, and vehicles, providing protection against mechanical and electrical failures of your gadgets.
The policy begins after the manufacturer's warranty ends and can extend coverage for an additional 1 to 3 years, depending on your selected plan.
A comprehensive coverage plan covers the cost of repairs and replacements of your device due to manufacturing defects, accidental damage, or maintenance needs, ensuring you don’t bear the full cost of fixing or replacing your products.

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