When you buy a product, you may be able to buy an ‘extended warranty’. This adds extra time to your warranty so that the seller or manufacturer is responsible for your product for longer.
Be careful that you are not already able to get to what the extended warranty is offering, through your consumer guarantee rights. Your consumer guarantee of quality protects you for a length of time that it is normal to expect the product to last. For example, if your $2000 TV breaks after 18 months and you did not purchase an extended warranty, you are still able to ask the business to fix your TV for free, or give you your money back, because it’s normal to expect a TV costing $2000 to last longer. You should only buy an extended warranty if you believe it gives you more than available under the consumer guarantee rights.