GAP INSURANCE - THE PREMIER ASSET PROTECTION PLAN

Buying a car is one of the largest purchases you may make during your lifetime, yet it is also one of the most vulnerable of all your investments. Car crime, insurance write-offs and depreciation are all hazards of modern motoring. Your insurance company may be able to cover most of the damage, but who will pay for the difference between your insurance company’s payout and the original price you paid for your vehicle? Who will pay for your outstanding repayments, if financed?

Don’t gamble with the large investment you’ve made in your vehicle.

Check out the valuable cover that GAP Insurance can offer you.

THE PROBLEM

Question: How much would it cost if your car was stolen or written-off?

Answer: Even if you have fully comprehensive insurance, you could lose thousands of pounds.

Why: Because your insurance may pay out a lot less than you might expect - it could be much less than you paid for your car and far less than the cost of replacing your car.

THE COVER

GAP Insurance is available by paying a small one-off premium, or 12 equal instalments. GAP cover protects you against the serious financial loss you could suffer if your car is stolen or written-off. It ensures that you can get back the full amount you originally paid for your car.**

For example: You have paid £15,000 for your car which is subsequently written-off. Your motor insurers assess the value of the vehicle at £10,000 at the time of write-off. You are effectively £5,000 out of pocket! With GAP Insurance, the £5,000 is paid leaving you safe in the knowledge that you can replace your car with one of a similar price and standard.

THE SOLUTION

When your car has been written-off in an accident or as a result of fire or theft you will have a lot to think about. You may have been hurt in the accident, and also have lost personal possessions and valuables. You may also need to replace the car for work, school, shopping or holidays.

GAP Insurance provides the extra money needed to help you purchase a replacement car or to help clear your finance.

GAP Insurance provides a unique opportunity to replace your car with a vehicle equivalent to the original purchase price of your written-off vehicle.**

**Provided your insurer pays current market value. Excludes dealer fit accessories and road fund licence.

GAP INSURANCE PROVIDES...

• The difference between your vehicle insurance settlement and the price you originally paid for the vehicle** - which means you get back the original purchase price in full
• Payment up to a maximum of £15,000
• 3 year cover
• GAP cover is only available on cars purchased through branches of Renrod Ltd t/as Platinum.
• Cover for vehicles up to a maximum purchase price of £75,000
• Cover on vehicles up to 7 years of age
• No mileage limitations or restrictions
• Payment of the initial insurance excess charge of up to £250
• Provides cover in European Community countries

Gap Cover subject to status. Gap Cover must be purchased within 90 days of vehicle invoice date. Vehicle must be covered by a comprehensive motor insurance policy.

Guaranteed Asset Protection is underwritten by IGI Insurance Company Limited. Registered office: IGI Insurance Company Limited, 10th Floor, Market Square House, St James Street, Nottingham NG1 6FG. IGI Insurance Company Limited is authorised and regulated by the Financial Services Authority. This policy may be cancelled within 14 days of purchase subject to a £35 administration fee.

**Provided your insurer pays current market value.
Excludes dealer fit accessories and road fund licence.

All information correct at time of publication October 2007