Combined Guaranteed Asset Protection (GAP) & Return to Invoice (RTI) insurance.
Our combined asset protection is designed to provide financial protection in the event of an accident or loss regardless of how you originally funded the purchase. If you have paid for the outright our Return To Invoice (RTI) cover will ensure you get back what you paid for the car in the event of a valid claim.
If you are paying for car on a finance agreement, then our Guaranteed Asset Protection (GAP) cover will make sure that if your insurance payout falls short, you won’t be left with the outstanding finance.
Our plan covers for all eventualities, offering complete peace of mind.
Is there a maximum amount the Combined Guaranteed Asset Protection will pay?
Yes, the maximum amount is the original purchase price of your car (the policy also includes up to £250 of your insurance excess).
Can you give me an example of how the insurance works?
If you purchased your vehicle outright and paid £26,500 and your motor insurance pay-out is £14,000, RTI pay the difference of £12,500 to top it up to the original £26,500.
If you financed your vehicle and paid £26,500 and your motor insurance pay-out is £14,000, and your outstanding finance is £17,500, GAP insurance pay the £3500.
Can Combined Guaranteed Asset Protection be transferred if I replace my vehicle?
Yes, as long as your new vehicle falls within the price range specified in your schedule. In which case, the remainder of your policy term may be transferred to a replacement vehicle.