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If you got a loan to buy your vehicle and it’s damaged beyond repair in an accident, your car insurance might not cover what’s left on your loan. This is a really annoying situation, because not only are you without wheels, you also have to pay off whatever the insurance didn’t cover and this may also make it difficult to finance a replacement vehicle. That’s where guaranteed asset protection (GAP) can help.
For the full terms, conditions and benefits, please refer to the policy booklet.CONTACT US