Usually the warranty is just for the tank itself and not the disaster it will create if it fails. Some homeowners insurance policies will cover it.
I have a Custom Aquarium Lifetime tank 240 gallons. Guaranteed forever
but the reality is
Should the aquarium be found defective, the customer must return the aquarium at their cost to CustomAquariums.com manufacturing facility in Neenah, Wi. The condition it arrives at the Neenah, Wi facility is the condition that will be evaluated for a warranty claim. The aquarium will be either replaced or repaired at the manufacturer’s discretion. The customer may pick up the aquarium at the manufacturer’s location without charge, or have the items shipped at the cost of the customer.
So if it fails they will do the same thing over again and send it back to you.
Yes the tank is expensive but it is but a tiny bit of the overall cost of a large system as well. Large tanks have come on hard times and aren't out there like they used to be too.