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Guaranteed Auto
​​​​​​​Protection (GAP) Insurance

Benefits

Full Value Protection

Bridge the gap between your motor insurance payout and the original vehicle invoice price in the event of total loss due to accident and/theft

Single Premium

One-time upfront insurance premium for up to 5-year coverage

Additional Coverage

Maximum Motor Insurance Sum Insured: Up to RM700,000 Maximum GAP Benefit Payout: RM280,000

Outstanding Loan Settlement

Release you from the burden of paying off the loan if your vehicle is declared a total loss

Purchase of New Replacement Vehicle

The GAP cover payout leaves you financially free to purchase a new replacement vehicle

Prompt Claim Processing and Settlement

Fast claim settlement following the receipt of required documents and full settlement of motor insurance claim

Eligibility

  • Applicable to private motor vehicles only
  • Insured under a comprehensive motor insurance policy
  • Financed with a car loan
  • Within 12 months from the first registration date of the vehicle
  • Cover up to 5 years

Important Information


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