INTRODUCING... GAP SERVICES' GAP PROGRAMS
|Why is GAP a good PROGRAM for your customers? Simply put, if the car is stolen and unrecovered during the coverage period, or if it's a total loss, GAP will pay the deficiency balance. This makes GAP a no-brainer for car buyers. To quote a well known consumer magazine: "Make sure GAP insurance is included (in your contract)."
LET GAP SERVICES REDUCE YOUR GAP COSTS WITH AMAZING GAP PROGRAMS
|Most Competitive GAP Rates for Franchise and Independent Dealers|
|Private Labeling Programs Available|
|Top A.M. Best “A” Rated Insurance Companies|
|“Simple State of The Art” Electronic Functioning of Programs|
|Full Ongoing Support – Set Up and Installation Included|
|Special Volume Pricing for Multi-Store Dealer Groups|
|The primary insurance deductible will be reimbursed up to $1,000|
|The maximum claim benefit for any one claim is $50,000|
|The maximum loan amount $100,000 which will qualify for coverage|
|The Program will be 150% of L.T.V. (Loan To Value)|
The Program can be used with both new and used vehicles and will be issued for the entire term of the loan (up to 84 months) or lease (up to 60 months).
There is no waiting period. Debt cancellation benefits start with the execution of the finance agreement and submission of the Guaranty GAP Application.
YOU can increase your Bottom Line with GAP SERVICES!
Call (800) 320-1134 and ask for Norman Behar TODAY!
THE CLAIMS PROCESS
|To file a claim, the holder of a Guaranty GAP Contract must report the claims to the provider no later than ninety (90) days from reporting their claim to their primary insurance company.
The following information and supporting documents must be forwarded to the provider with the claim form. If all the required information is correct the claim will be processed and paid in a timely manner:
|1)||A completed, legible copy of the claim form.|
|2)||A legible copy of the primary insurance policy Declaration Sheet, clearly showing the coverages, the policy beginning and ending dates and the deductible.|
|3)||A complete legible copy of the evaluation report and a copy of the claim settlement check.|
|4)||A copy of the Police Report (If stolen).|
|5)||A legible copy of the original loan or lease agreement.|
|6)||Documentation from the lender or lessor detailing the outstanding balance (pay-off) as of the date of the total loss.|