Guaranteed
Asset Protection

Guaranteed Asset Protection (GAP), protects you financially against the loss of your vehicle. If your vehicle is under finance and deemed a total loss through accident or theft and the insurance is paid out to WeCare Finance then your GAP protection pays the difference between the insurance pay-out and what is still owing on your account to a maximum of $5,000.

As an example, if the balance owing on your account at the time of the accident was $8,000 and the insurance paid out $5,000 then GAP would offer you payment protection on the remaining balance which in this scenario would be $3,000. (excludes arrears)

$3000 financed and over Maximum Protection $5,000	$395.00
$2000 – $2999 financed Maximum Protection $4,000	$295.00