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server warranty

When you purchase a physical server - in what format does the warranty come in? I.e. what will the warranty detail? I am new to server purchases but we are looking into warranty of all physical servers - can anyone elaborate on the risks of messing up your warranty or not having any warranty on your server? Sorry to sound naive but nothing I have been involved with before. Do you typically have warranty for the lifecycle of the server - i.e. if you anticipate it will be in operation for say 6 years, do you need cover for those 6 years.
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Is this a written document? I.e. if I ask our IT for evidence of warranty or service maintenance agreements - how long is left on them etc, in what format would they be able to provide that in?
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And what does the service maintenance agreement do that warranty doesnt, if the server goes bang. What sort of annual costs are involved with say a single physical server?
Warranty usually covers the parts. If you have a HDD down they will send you a new one but it can take "X" days. The Service adds the labor and specifies how long they will take to repair. Both Warranty and Service are written documents.
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So is the service maintenance agreement something you have with your internal IT or IT support, or the 3rd party who supplied the hardware?
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And what is the risk in running server hardware no longer under warranty? How does having a service maintenance agreement mitigate the risk on the hardware no longer being under warranty? Can you explain?
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