Opportunity for

BIBA members to offer GAP and/or early termination insurance solutions to their customers

Solution for

Cars, commercial vehicles up to 44t GVW, motorhomes, driving school vehicles, electric vehicles, and fleets

Our range of GAP insurance products offers enhanced protection to consumers and businesses that finance, lease or own vehicles. We provide flexible cover at competitive
premiums. Early termination insurance (ETI) is available for businesses offering salary sacrifice schemes to their employees, looking to move to alternative-fuelled vehicles.

Target risks

  • Vehicles financed, leased, or owned outright
  • New or used vehicles up to 10 years old
  • Minimum vehicle value £5,000, maximum vehicle value £200,000
  • ETI – Businesses offering salary sacrifice schemes for electric cars to employees

Key policy features

  • Includes a temporary replacement car or van for up to 42 days
  • Up to £750 of unrecoverable excess
  • Initial deposit rental
  • Unique annual policies available
  • ETI includes resignation, accidental death, loss of licence on medical grounds, parental leave, dismissal as a result of gross misconduct, periods of cover available up to 48 months

Key benefits to members

  • A rated capacity
  • No minimum volumes
  • Options on how to trade
  •  Product training

Become a BIBA member

Membership that gives you more. We support, protect, represent and promote brokers. Our experienced and dedicated team are here to help you!

Find out more
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If you have an urgent enquiry, please use the following contacts

For BIBA members - 0344 7700 266

For our Find Insurance Service – 0370 950 1790

For press enquiries please email – [email protected]