"Lifetime" doesn't address whether it's transferable or not.
It seems unlikely unless it's either covered forever, or you're supposed to track the lifespan of the guns original owner.
I'm not disagreeing -because i really had no idea- but couldn't one argue that once a gun breaks it's lifetime is over?
Or, conversely, if you replace every part that fails, will a gun ever die?
I'm just wondering how they define the lifetime of a gun.
But, if it's covered that's good news no matter how you look at it.
I can not say that my friends nephew told them he was 2nd owner but he sent a pistol back for work and they repaired it and it did not cost him anything.