Manufacturer/ Dealer Extended Warranty Services
Customers are always looking for a better deal, and the comfort of a longer warranty can be very persuasive.
We don’t sell extended warranties, we insure the manufacturer or sole agent for the cost of repair for breakdowns, which will allow them to offer an extended warranty at minimum risk to themselves.
The reason why we don’t call our cover an extended warranty is because we don’t cover adjustments, no fault found and other situations that the manufacturer may choose to include in their warranties.
Manufacturers and sole agents can benefit by us offering them the ability to cover the equipment with a warranty of up to 7 years. This gives control over regular servicing, which is a policy requirement, and it allows regular customer contact that could result in further sales.
With our policy, the manufacturer will be covered for the cost of replacement parts and the associated labour, in the event of a breakdown, which includes damage caused by operator error, power fluctuations and process materials, such as inks or paper.
There is an excess of £250 per claim (£500 and £1,000 are also available to reduce the premium).
The policy is taken out by the manufacturer or sole agent and the end user will be unaware of it.
The policy can be taken out for any period from 2 to 7 years.
During the first year, (or 6 months if applicable) whilst the manufacturers warranty is in force, the policy will provide cover for damage caused by process materials, operator error and power fluctuations.
Premiums are paid for in full, at the outset as they should form part of the equipment cost.
If the equipment was sold recently and is still under warranty, we can offer cover and the premium will be determined by the number of months manufacturer’s warranty that remains. If the manufacturer’s warranty has ended, we can provide cover to the manufacturer or sole agent to be used as part of their maintenance contract cover.
Please contact us for further details.
Business Asset Warranties Ltd is an appointed representative of Jelf Insurance Brokers Limited.
Jelf Insurance Brokers is authorised and regulated by the Financial Conduct Authority (FCA).
Not all products and services offered are regulated by the FCA.
Are you an Equipment Manufacturer or a Sole Agent based in the UK?
Would you like to offer your customers extended warranties at minimal risk to yourselves?
Call us or enquire below. We'd be very pleased to discuss your requirements.