The choice between GAP and RTI depends on how you originally purchase the vehicle.
If you have paid for the car outright or are planning to pay for your next car outright, you may need to consider Return To Invoice (RTI) insurance to ensure you get back what you paid for the vehicle in the event of a claim. If you are planning on paying for the car on a finance agreement or have already decided that this is the best form of purchase, then a Guaranteed Asset Protection (GAP) insurance will make sure that if your current insurance payout falls short, you won’t be left with the outstanding finance that you owe. Of course, this is subject to the terms and conditions contained in the policy document.
Our Combined GAP and RTI insurance product incorporates Return to Invoice Cover (RTI) and Guaranteed Asset Protection (or GAP) and could pay out the greater of either the RTI or GAP pay-out, protecting you the customer whatever your circumstance.