PERSONAL SAFEGUARDS GROUP

OEM Limited Warranty is the warranty provided by an OEM to an end purchaser... Solutions are structured as a one-time single payment per unit for a multi-year program. For a single cost an OEM offers a long term limited warranty and moves the liability off the balance sheet. The OEM does retain an initial retention period and then all future warranty obligations may be transferred to the third party... This image depicts a simple example where an OEM offers a 5 Year Limited Warranty and retains the 1st year and then transfers the additional 4 years to an insurance carrier.

Also known as: OEM Limited Warranty, Personal Safeguards Group, LLC