Return to invoice (rti) insurance, purchase price £18500, without rti insurance, motor insurance payout is £12000, £6500 is unprotected, with rti insurance £12000 motor insurance payout and £6500 rti payout. Finance Guaranteed Asset Protection (GAP) insurance, purchase price £18500, without gap insurance, motor insurance payout is £12000, £6500 is unprotected, with gap insurance £12000 motor insurance payout, £3000 gap payout and finance repaid.

Combined Guaranteed Asset Protection

Imagine your car is declared a write-off due to an accident, fire or theft.
Now imagine discovering that your insurance company payout will not match the original price you paid for the car.

This is a scenario faced by many motorists today. Even if you are not liable, you are almost certain to find a shortfall between the amount you receive in settlement and the price you originally paid. And this shortfall could be a significant sum depending on the rate of depreciation of your vehicle.

Here at Richard Nash, we offer a product that will protect you against this financial loss under these circumstances, and who will ensure you get back to the amount you originally paid for the car. We do this via our Guaranteed Asset Protection product.


  • QWhy is it called a 'combined' policy?
  • AThis is because your policy coves both 'Finance GAP' and 'RTI'. RTI - Return To Invoice - is designed to protect your own assets following the total loss of your vehicle i.e. protect the amount paid to purchase the vehicle. Finance GAP is designed to pay the difference between the amount paid out (the settlement) by the motor insurance provider and any other outstanding finance on your car.
  • QAn example of how RTI works
  • ALet's say you paid £18,500 for your car and it is unfortunately stolen and not recovered. Your motor insurance provider then declares it a total loss and they value your car at £12,000 using current market conditions. The RTI insurance may payout £6,500 to ensure you receive the total originally paid for your car - it's as simple as that!
  • QAn example of how GAP works
  • ALet's say you paid £18,500 for your car and your car is unfortunately involved in an accident and your motor insurance providers declare it a total loss. Using current market conditions your motor insurance provider values your car at the time of the accident as £12,000. However, you still owe the Finance Company £15,000. The GAP insurance may pay the £3,000 difference - it's as simple as that!
  • QCan my Combined Policy be transferred if I replace my vehicle?
  • AYes, as long as the vehicle you replace it with comes within the price range specified in your schedule. In which case, the remainder of your policy term may be transferred to a replacement vehicle.
  • QIs there a maximum my Policy will pay?
  • AYes, however, you may select a claim limit to suit the cost of your vehicle. Claim limits from £5,00 up to £25,000 are available.
  • QCan I cancel my Combined Asset Protection Policy in the future?
  • AWe're confident that you'll want to continue these policy benefits for the entire term of the agreement. However, we understand that circumstances may change, therefore, providing a claim has not been made, it is possible to transfer the policy to a replacement vehicle or cancel your insurance at any point. You may be entitled to a pro-rata refund on the remainder of the policy calculated monthly for each full month left to run.