Combined Guaranteed Asset Protection (GAP) is designed to provide financial protection in the event of an accident or loss regardless of how you originally funded your purchase.
If you have paid for the car with a large deposit, the Return To Invoice (RTI) part of the policy could ensure you get back what you paid for the car in the event of a valid claim.
If you are paying for the car on a finance agreement, then the Finance Guaranteed Asset Protection (GAP) part of the policy may make sure that if your insurance pay-out falls short, you won’t be left with the outstanding finance.
Combined GAP will pay out the greater of the Finance GAP or RTI amount, up to the purchase price of your car.
