Fawaz Rabbani answers the question: Is paying extra for extended service or guarantees considered the same as insurance?

Fatwa, posted 4.22.2010, from United States, in:
Religious Authority: 
Faraz Fareed Rabbani
Fatwa Question or Essay Title: 
Is paying extra for extended service or guarantees considered the same as insurance?
Websites and Institutions: 
Sunni Path, (New Brunswick, New Jersey, U.S.)

It is permitted to get extended warranties and service contracts such as the one mentioned, and these aren't considered the same as insurance.