Rigid has a policy on its' power tools - as long as you own it it's guaranteed for life, to include batteries.  I used to work at HD so I got a drill on sale.  If the batteries go kaput, all I need to do is walk in, hand them the old battery and they give me a new one, no questions asked.  Not sure what the deal will be if the drill itself goes south, either the same or a comparable model I expect.
Husky also guarantees for life their hand and air tools.