181 Hillside Road, South Dunedin
500 Moorhouse Ave, Christchurch
03 425 9400 03 425 9400
03 425 9400 03 425 9400
181 Hillside Road, South Dunedin
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GAP (Guaranteed Asset Protection)

Product Summary

Day One Cover

Gap insurance covers the difference (the GAP) between what your vehicle is worth and how much you owe on the car.

Did you know if your vehicle is written off while it is on finance, there is potentially a shortfall between your comprehensive insurance payment and the amount you still have to pay to your finance company?

When there is a total loss under your comprehensive insurance, there may be a GAP between your loan settlement and the comprehensive payment, this shortfall is what we will pay.

Janssen’s GAP Insurance covers you for the difference between your Comprehensive Insurance payment and the finance on your vehicle up to a chosen shortfall amount.

Janssen’s Customer Care Package offers an additional financial benefit of up to $5,000 related to the finance contract.

Customer Care Package:

In the event of a total loss through theft or accident to your car, a customer care package to the maximum value of $5,000 is included in your GAP insurance, with a valid and approved claim:

  • On road costs for replacement vehicle
  • Janssen’s one-year Comprehensive Vehicle Insurance for replacement vehicle
  • Excess for the total loss vehicle
  • Car rental or Uber allowance of up to $100 a day for 5 days after total loss of vehicle
  • Janssen’s MBI for replacement vehicle up to a maximum value of $1,000
  • Accessories financed on previous vehicle up to a maximum value of $1,000
  • Deposit for a replacement vehicle up to a maximum value of $1,000

(Please see policy documents for the extent of your cover and full terms and conditions)

Read More - GAP Cover Policy Booklet

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