service plan

Maintenance subscription option

A service plan is an agreement covering maintenance, repairs, or support for a product or service over a specified period.

Phone carriers offer service plans with monthly fees for calls, texts, and data.

Retailers sell service plans extending warranty coverage on appliances and electronics.

The service plan covers parts and labor for three years.

Related

coverage · monthly · annual fee · premium · provider · cell phone · upgrade · renewal · cancellation · data · wireless · carrier · billing · terms · unlimited · bundle · deductible · maintenance

Categories
Opposites
coverage status

service planno warranty

as-is · unprotected · uncovered · out-of-pocket · self-insured

cost structure

service planpay-as-you-go

Immediate settlement required

out-of-pocket · time and materials

structured support vs. ad hoc handling

service planpay-as-you-go

Immediate settlement required

spot repair · emergency repair

Family

service, plan, serve, server, servant, serving, servile, servitude, services

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G