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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
In many cases, at least in the United States, a home warranty is not a warranty at all, but rather a home service contract that covers the repair and/or replacement costs of home appliances, major systems such as heating and cooling, and possibly other components of a home, structural or otherwise. Coverage varies significantly across home ...
DEKA Research & Development Corporation is a technology company based in New Hampshire, U.S., founded in 1982 by Dean Kamen, consisting of over 1000 engineers, technicians, and support staff. DEKA is an acronym derived from De an Ka men.
For example, if your coverage limit was up to $200,000, but the cost of rebuilding your home is $250,000, an extended replacement cost endorsement that covers up to 25 percent more than the policy ...
Consumers Union said in 2006 that only two products deserved extended warranty consideration: projection TVs and digital cameras, as both are expensive to repair and require frequent repairs. [5] In spite of such advice, consumers frequently purchase extended warranties because they overestimate the frequency of failure.
A home warranty protects against the costs of home and appliance repair by offering home warranty coverage for houses, townhomes, condominiums, mobile homes, and new construction homes. When a problem occurs with a covered appliance or mechanical system such as an air conditioning unit or furnace, a service technician repairs or replaces it ...
A return merchandise authorization (RMA), return authorization (RA) or return goods authorization (RGA) is a part of the process of returning a product to receive a refund, replacement, or repair to which buyer and seller agree during the product's warranty period. [1] [2]
Development of the iBOT started in 1990 at DEKA Research & Development in Manchester, NH. The first working prototype was available in 1992, [3]: 21 and in 1994, DEKA signed a deal with Johnson & Johnson to manufacture the device. [1] The iBOT was revealed to the public on Dateline NBC in a segment by John Hockenberry on June 30, 1999.