What questions should I ask when considering gap cover? What is the financial ombudsman for medical schemes?

Depending on the plan, you could pay: Premium: A monthly amount you pay for coverage, whether you get covered drugs or not. Gap insurance stands for Guaranteed Asset Protection insurance. It is an optional, add-on coverage that can help certain drivers cover the “gap” between the ... It covers the gap between what you owe on the loan or lease for your auto or motorhome and its actual cash value — defined as the cost of replacing your vehicle ... GAP insurance kicks in to cover the difference between your Honda vehicle's current value and the amount you owe on it. Jul 15, 2020 ... Guaranteed auto protection insurance (GAP) is an optional coverage that may be purchased when physical damage coverage (comprehensive and ... Mar 12, 2024 ... What is Guaranteed Asset Protection (GAP) insurance? English; Español. GAP is an optional product that is intended to cover the difference ... GapCover. GapCover® is a short term insurance product for members of a medical scheme, providing extra cover for medical shortfalls that could occur during in- ... GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle. Oct 31, 2024 ... Gap insurance is optional car insurance coverage that helps bridge the financial gap for drivers whose car loan balance is more than their vehicle's worth if ... Broadly speaking, liability coverage provides financial protection for you if somebody makes a claim against you because of an injury, property damage or other ...