Ideal for those with brand new or nearly new cars

It's common knowledge that brand new cars, once driven off the forecourt of a dealership usually depreciate rapidly. The amount a car depreciates depends on a number of factors including the make, type of car, mileage covered, its age and condition.

GAP insurance through Wesleyan is to give you peace of mind. It is designed to protect the value of your vehicle and to ensure that you are not left out of pocket if you have an insurance loss by covering any shortfall between your insurance pay out and the amount outstanding on the finance agreement.

The cover includes:

• Unique Benefit- Hire vehicle supplied for up to 28 days whilst you await the settlement for your standard motor insurance
• Maximum invoice value up to £150k
• Maximum benefit £50,000
• Contract hire & lease included
• Transferrable to replacement vehicle
• 90 Days cover in European Union (subject to main policy cover being unaffected)

What is not covered:

• Any short fall on claims paid where there is no total loss
• Cars not purchased from a VAT registered dealer
• Claims that occur due to driving under the influence and driving the vehicle illegally
  

Limits and exclusions do apply. For full terms and conditions of the policy and cover, including the policy benefits and exclusions, will be contained in the Policy Wording and Policy Summary.

To be eligible for GAP Insurance you must:

• Have purchased a policy within 180 days of taking ownership of a vehicle (from a VAT Registered Dealership or Internet Broker)
• Net invoice selling price does not exceed £150,000
• Vehicle must be less than 8 years old and have less than 80,000 miles on the day you take out the policy
• You vehicle is not specifically excluded under the terms and condition of the policy
  

Before you apply for GAP Insurance, we recommend that you read the following document:

• Services and Costs Keyfacts

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