Binoseeker
Mostly using spectacles (myopic) with binoculars.
Look at it from the manufacturers side….
So, if a company is doing well, for the moment, and are kind to offer, but not obliged to, for a while, a service not specified in the warranty of the product, to fix customer products at no cost or a small fee, a service rendered as long as the company can afford it or want to give it for some reason, what would you call/name this kind of service that can be terminated at will ?
Maybe “Temporary good-will service” only mentioned on the company home page as long as they are kind to give it ?
It seems that to call this kind of temporary service I suggested above a “No-fault policy” and put a sticker on the products is not a good idea since customers will think it will last forever….
I think Nikon No-fault policy has only been given to one country in the whole world...USA, is that correct ?
I tried to search after some definitions:
No-fault compensation http://thelawdictionary.org/no-fault-compensation/
Without having to prove any other party was at fault in an accident, an aggrieved party is awarded compensation. Workmen's compensation is no-fault compensation. It is a legal rule in some jurisdictions. like New Zealand. Also refer to no fault law.
Insurance http://legal-dictionary.thefreedictionary.com/insurance
A contract is considered to be insurance if it distributes risk among a large number of persons through an enterprise that is engaged primarily in the business of insurance. Warranties or service contracts for merchandise, for example, do not constitute insurance. They are not issued by insurance companies, and the risk distribution in the transaction is incidental to the purchase of the merchandise. Warranties and service contracts are thus exempt from strict insurance laws and regulations.
No-fault insurance http://en.wikipedia.org/wiki/No-fault_insurance
In its broadest sense, no-fault insurance is any type of insurance contract under which insureds are indemnified for losses by their own insurance company, regardless of fault in the incident generating losses. In this sense, it is no different from first-party coverage. However, the term "no-fault" is most commonly used in the context of state/provincial automobile insurance laws in the United States, Canada, and Australia, in which a policyholder (and his/her passengers) are not only reimbursed by the policyholder’s own insurance company without proof of fault, but also restricted in the right to seek recovery through the civil-justice system for losses caused by other parties
Policy http://legal-dictionary.thefreedictionary.com/policy
The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance.
As applied to a law, ordinance, or Rule of Law, the general purpose or tendency considered as directed to the welfare or prosperity of the state or community.
Policy http://en.wikipedia.org/wiki/Policy
Policy differs from rules or law. While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.
Warranty http://legal-dictionary.thefreedictionary.com/warranty
An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party.
Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. In other situations the law implies a warranty where no express warranty was made. Most warranties are made with respect to real estate, insurance, and sales and leases of goods and services.
No-fault policy on Wiki http://en.wikipedia.org/w/index.php?search=no-fault+policy&title=Special:Search
The page "No-fault policy" does not exist. You can ask for it to be created, but consider checking the search results below to see whether the topic is already covered.
No-fault policy did show on top at Google search only concerning employees and cars, connected to insurances.
Anders
So, if a company is doing well, for the moment, and are kind to offer, but not obliged to, for a while, a service not specified in the warranty of the product, to fix customer products at no cost or a small fee, a service rendered as long as the company can afford it or want to give it for some reason, what would you call/name this kind of service that can be terminated at will ?
Maybe “Temporary good-will service” only mentioned on the company home page as long as they are kind to give it ?
It seems that to call this kind of temporary service I suggested above a “No-fault policy” and put a sticker on the products is not a good idea since customers will think it will last forever….
I think Nikon No-fault policy has only been given to one country in the whole world...USA, is that correct ?
I tried to search after some definitions:
No-fault compensation http://thelawdictionary.org/no-fault-compensation/
Without having to prove any other party was at fault in an accident, an aggrieved party is awarded compensation. Workmen's compensation is no-fault compensation. It is a legal rule in some jurisdictions. like New Zealand. Also refer to no fault law.
Insurance http://legal-dictionary.thefreedictionary.com/insurance
A contract is considered to be insurance if it distributes risk among a large number of persons through an enterprise that is engaged primarily in the business of insurance. Warranties or service contracts for merchandise, for example, do not constitute insurance. They are not issued by insurance companies, and the risk distribution in the transaction is incidental to the purchase of the merchandise. Warranties and service contracts are thus exempt from strict insurance laws and regulations.
No-fault insurance http://en.wikipedia.org/wiki/No-fault_insurance
In its broadest sense, no-fault insurance is any type of insurance contract under which insureds are indemnified for losses by their own insurance company, regardless of fault in the incident generating losses. In this sense, it is no different from first-party coverage. However, the term "no-fault" is most commonly used in the context of state/provincial automobile insurance laws in the United States, Canada, and Australia, in which a policyholder (and his/her passengers) are not only reimbursed by the policyholder’s own insurance company without proof of fault, but also restricted in the right to seek recovery through the civil-justice system for losses caused by other parties
Policy http://legal-dictionary.thefreedictionary.com/policy
The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance.
As applied to a law, ordinance, or Rule of Law, the general purpose or tendency considered as directed to the welfare or prosperity of the state or community.
Policy http://en.wikipedia.org/wiki/Policy
Policy differs from rules or law. While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.
Warranty http://legal-dictionary.thefreedictionary.com/warranty
An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party.
Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. In other situations the law implies a warranty where no express warranty was made. Most warranties are made with respect to real estate, insurance, and sales and leases of goods and services.
No-fault policy on Wiki http://en.wikipedia.org/w/index.php?search=no-fault+policy&title=Special:Search
The page "No-fault policy" does not exist. You can ask for it to be created, but consider checking the search results below to see whether the topic is already covered.
No-fault policy did show on top at Google search only concerning employees and cars, connected to insurances.
Anders