It is an additional warranty available for purchase with the bike. It only cost $29.99 and it covers everything that will prevent the bike from working except for the wheels. Cosmetic damage is not included. Replacement parts would be shipped out for each claim, unless the bike needs some sort of repair. In this case, a repair at your local bike shop can be reimbursed.
Please help our co-pedalers by voting if this article is helpful or not.