Jasz
VIP Contributor
There are three types of product insurance:
-Cancellation insurance: If your product is no longer working, you can cancel the policy. This will put a stop to any further charges. However, if you cancel after the initial term of the policy but before the end of the agreed upon term, you'll still owe money for the remaining part of your contract.
-Replacement insurance: If your product breaks down and is rendered unusable, you can make a claim for replacement. This will allow you to get a new product without paying for any additional services or parts.
-Repair or replacement: If your product breaks down and is still usable, you can choose to have it repaired or replaced with a new one instead of paying for an entire replacement.
-Cancellation insurance: If your product is no longer working, you can cancel the policy. This will put a stop to any further charges. However, if you cancel after the initial term of the policy but before the end of the agreed upon term, you'll still owe money for the remaining part of your contract.
-Replacement insurance: If your product breaks down and is rendered unusable, you can make a claim for replacement. This will allow you to get a new product without paying for any additional services or parts.
-Repair or replacement: If your product breaks down and is still usable, you can choose to have it repaired or replaced with a new one instead of paying for an entire replacement.
