Interesting topic
Does everybody take out an extended warranty on all their goods
I for one do not, thats how they make there money
They must do study on how many products fail in the 1st year 2nd and so on
I would be surprised if it more than 5%
The insurers do really well out of our worry
I had an elderly client who had cover on her fridge
i checked her policy,£15 per year, she continued to pay it, for 25years +
I believe the fridge was about £80 new
Footnote
Not like the new policies new for old
sorry lady its broke "unrepairable", throw it away
I stopped the policy
Does everybody take out an extended warranty on all their goods
I for one do not, thats how they make there money
They must do study on how many products fail in the 1st year 2nd and so on
I would be surprised if it more than 5%
The insurers do really well out of our worry
I had an elderly client who had cover on her fridge
i checked her policy,£15 per year, she continued to pay it, for 25years +
I believe the fridge was about £80 new
Footnote
Not like the new policies new for old
sorry lady its broke "unrepairable", throw it away
I stopped the policy