Lifetime warranties often promise a “lifetime” of protection, but the actual duration can be much less. The term “lifetime” is defined by the company and can be as short as three years or three months. Warranties can be voided for reasons such as failure to perform maintenance, non-approved use, or other limitations set by the manufacturer. The term “lifetime” can refer to the lifetime of the customer or the product. For instance, Craftsman offers a true lifetime warranty, replacing any hand tool for any reason, at any time. However, most “lifetime” warranties are limited and do not cover “wear and tear”.
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