Insurance Verifier Question:
Download Questions PDF

Please explain what is ‘gap insurance’?


‘GAP insurance’ is also known as Guaranteed Auto Protection. It covers the difference between the actual cash value of the vehicle and the balance still owed on financing like loan. GAP insurance amount is generally paid up front.

Download Insurance Verifier Interview Questions And Answers PDF

Previous QuestionNext Question
Do you know what Are The Different Types Of Insurance?Please explain what happens to the cash value after the policy is fully paid up?