If you were unable to work due to an accident or illness, your business was to fail or your vehicle was written off, wouldn't it be good to know that your vehicle payments were being made on your behalf? Well, with one of UK Vehicle Contracts' Protection Insurance Plans you can now have complete peace of mind.

Gap Insurance

Because vehicles tend to depreciate quickly in the first year, then more slowly as they get older, there is a risk that you will owe more to the finance company than the insurance company pay-out if the vehicle is written off or stolen.

With GAP Insurance we will pay the difference, up to a maximum of £5,000, between your insurance company pay-out and the amount you owe to the finance company.

So for just a few pounds a week, we will:

Pay the difference between the insurance pay-out and the amount outstanding
Payout up to £5000
Cover vehicles with up to a £50,000 invoice price
Cover cars and commercial vehicles up to 3.5cwt
Cover you up to 5 years (in line with the finance agreement)

Payment Protection Insurance

This covers you for:

Accident or injury
Sickness or illness
Involuntary unemployment
Business failure (self-employed)

Should you be off work for 31 consecutive days due to an accident or illness, business failure or redundancy, we will make your insured monthly payment. We will continue to make payments for each calendar month you are off work until either you return to work or we have made 12 payments.

So for just a small sum every week Payment Protection Insurance will:

pay your payments for up to 12 months if you are unable to work due to accident or sickness
pay your payments for up to 12 months if you cease trading or are made redundant
pay off the outstanding balance (including the balloon) in the event of your death
pay off the outstanding balance (including the balloon) in the event of you suffering a critical illness