OEM Warranty Programs
OEM Warranty Risk
(Original Equipment Manufacturer)
OEM is now part of MHHC Warranty and Services, Inc. (MHHC). MHHC has been issued a reimbursement warranty program so we can offer a fully insured OEM Warranty Program for consumer electronic goods, home appliances and televisions, and monitor equipment to clients, which will help curb the national trend of increasing claim payouts, reduce corporate liabilities, and improve revenues to your organization.
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Increase coverage and gain competitive advantage. Traditional product warranty coverage is as little as 90-days or as high as 12-months. MHHC offers extended coverage (12, 24, or 36 months) of your traditional warranties, creating a competitive marketing edge for your products.
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Loss management and preventing ordinary losses is central to the warranties industry. This is of prime financial importance given that payouts on claims have exceeded premium revenues for nearly two decades. Our OEM Warranty Risk program offers expert help desk administration that reduces the overall claims paid by providing a higher level of service. Lower warranties and manufacturer losses are the result.
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Expense Recovery is vital to corporations to ensure that after-market support programs are funded by the original purchase and are cost effective throughout the life of the product. The OEM Warranty Risk Division of MHHC Enterprises, Inc can identify revenue opportunities with customers and clients to increase margins that can be built into an administration program. The revenues received through increased margins can be applied to reduce the financial impact of administration and after-market support programs.
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Claims Administration requires a high number of personnel, therefore creating high overhead and additional costs. OEM Warranty Risk team members manage the entire claims administration process. OEMs, service providers, dealers and merchants submit claims for repair services to the warranty company. These claims are validated and qualified by OEM Warranty Risk for payment. By allowing MHHC Enterprises Inc’s OEM Warranty Division to handle the claims administration for your company, your overhead is lowered, resulting increased profit margins.
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MHHC OEM Performance Guarantee is not a service contract and it is not sold at point of sale. The Performance Guarantee Program is an opportunity for the OEM to increase the value of its products through enhanced guarantees. Services under the performance guarantee include customer support desk, product support and guarantee program administration.