Bharti AXA INSURANCE GLOSSARY Warranty A warranty is a written guarantee of quality of service or product quality offered by a service provider or manufacturer. It provides the customer a legal right to service, replacement or correction of issues that arise during the term of the warranty. A warranty’s term typically starts from the date of delivery of the service/ product. The warranty includes the details of promised quality of service/ product quality and the remedies that would be carried out in case the quality falls below the stipulated conditions. The Sales of Goods Act, 1930, also lays down a few implied warranties that are deemed to be part of any sale. Implied warranty primarily covers merchantability of goods sold. For example, if a vacuum cleaner does not produce enough suction to clean an average floor – the seller would be considered to be in breach of implied warranty of merchantability. Merchantability means that: The goods sold confirm to the standards of the trade as applicable to the sale contract They are fit for the purpose they would be ordinarily used for They must be packaged and labelled as per the sale contract They must meet the specifications provided on the package label. Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Related Posts Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.