GAP Insurance Explained



Все видео канала CreditplusUK2009-05-13 12:18

Guaranteed Asset Protection (GAP) Insurance is a policy which insures you for the difference between the insurance write off value and total loan value of your car. GAP or Shortfall Insurance will put your mind at rest by paying off outstanding car finance after your insurance company have agreed the write off value, to a maximum claim of £10,000. For a small monthly premium, you can opt for GAP insurance from 12 to 60 months.