Hi smkr,

 

The first warranty mentioned indicates that any technical issues you have with the monitor we try to fix it and if we are unable to do so then we replace it (Terms and conditions). You may refer the below link:

http://dell.to/1473THC

 

The second warranty is an accidental cover in case of an accidental damage on your monitor (terms and conditions). You may refer the below link:

http://dell.to/ZIoRJ