The option consists of two parts:
1. Inherent defect
In case the manufacturer does not provide compensation, the option ‘Inherent defect and warranty’ covers damage caused by an inferior characteristic (an inherent defect) to modules or inverters. The cover knows a maximum of 20 years for modules and a maximum of 7.5 years for inverters.
This provides cover if you have a legitimate claim within the warranty period and the manufacturer:
- Can’t fulfill his obligations due to bankruptcy
- Rejects the warranty claim
- Disputes his liability
The insurance compensates new materials, labour costs, call out charge and loss of production in case of a covered event. This insurance is valid in all countries on the European continent.