Purchasing high-value products like cars, gadgets and even home appliances are essentially considered investments nowadays. A standard sedan will push you back by about a million while the most sought after smartphone is a fifty thousand-peso drain in your pocket. And if you prefer more hi-tech appliances, a LED TV will surely be in the one hundred thousand-peso charge to your bank account.
These investments must stand the test of time. But alas, even the most reputable and trust-worthy manufacturers cannot completely guarantee that their products will not break earlier than expected. If so, what protection does a regular consumer have, against hidden defects or product breakage?
Manufacturer Warranties is the usual answer to this product issues.
It provides consumers protection from unexpected breakage, due to hidden defects, and allows consumers to have the product repaired or even in extreme cases replaced. It is the manufacturer’s way of standing by their commitment of providing superior products to their consumers. And this is how warranty works in theory.
However, even the most well-meaning manufacturer will not offer product warranties that last forever. There is a limited time that warranties are in play. In the case of vehicles the usual industry practice is to allow three-years warranty or 100,000 kilometers whichever comes first. For gadgets and home appliances one year is usual the case.
So what do you do now with your hard earned investments when the warranty is limited?
This is were extended warranty providers step in, and Asia Warranty Services is a company the specialises in providing this solution.
“Asia Warranty is considered the most stable and most credible third party administrator of extended warranties in the Philippines”, according to Sharon Camesa country manager Phils. and business development manager for Asia Pacific. She added, “it is back up by GAP Corp. and its partner local-insurer Federal Phoenix Assurance Co. Inc, and we have been in operation for nine years locally”.
Their reputation and reliability have earned Asia Warranty Services very select clients in the motoring industry, namely — Hyundai, Chevrolet, and Honda. They will also be launching new products in the next few months that are accessible to more consumers.
Though the business model of Asia Warranty Services is a B2B model, the beneficiaries are their clients’ consumers, who stand to gain from the benefits of longer protection and the intangible value of having ‘peace of mind’.
Currently, there are about 60,000 Filipinos, owners of various products, protected by Asia Warranty Services Extended warranty.
“Our business caters to a niche market. The Filipino consumer is becoming more and more demanding about how far they can go with their hard-earned money. We are helping, manufacturers and importers give an edge to their products by extending their warranties, said Camesa”. She added, “this means, worry-free ownership of car, appliance, and motorcycles for many years”.
Getting your investment protected longer through Asia Warranty Services is simply a phone call away, they can be reached through 844-3281 or 844-6020.
So now, protecting your investment, simply means investing in extended warranty.
