What Retail Value Protector GAP Insurance (RVP) Covers.
Retail Value Protector GAP Insurance (RVP) pays the difference between the retail value of your car when you purchase the policy and the retail value of your car on the date it becomes a total loss - the value lost in depreciation.

Get back the retail value today - not the loss value
When your motor insurer declares your car to be a "total loss" through theft, vandalism or accident, it's really important to understand they typically will only pay what they estimate your car is worth at the date of loss - not the retail value today.

Now the good news! When this happens Retail Value Protector GAP Insurance (RVP) will pay the depreciation, the difference between the retail value today and retail value at time of total loss - it's that simple! By using the same robust valuation system at purchase and loss, our policy holders are assured of receiving the true depreciation. Policy benefit is paid directly to our policy holder.

What is a total loss?
Total Loss (or write off). If your car is involved in an accident and it's unsafe to repair; the cost of repair is greater than the value on the date of the accident; when your car has been stolen and not recovered, and a total loss payment has been made by the motor insurer.

When Retail Value Protector GAP Insurance (RVP) can be purchased
There is no restriction. Retail Value Protector GAP Insurance (RVP) can be purchased no matter how long you've owned your car, whether you purchased your car from a private seller, car dealer, paid cash, bank loan, motor finance or on any kind of contract hire or leasing agreement.

Superior protection for new and used cars alike
Whether your car is brand new or up to 7 years old, Retail Value Protector GAP Insurance (RVP) offers the same outstanding level of cover.

FREE Retail Valuation with every quote.
Have you noticed how most GAP Insurance providers expect you to calculate and supply the value of your car - then they override it with ambiguous and confusing restrictions buried in the terms and conditions?

Not so with Retail Value Protector GAP Insurance (RVP), when you take out our cover you know exactly what you're buying - and we don't expect you to be the expert, that's our job! A FREE retail valuation of your car is provided with every quote. This is supplied by the trusted independent third party valuation service CDL VIS Vehicle Information Services, relied on by many of the UK's leading brands, including Tesco, Moneysupermarket, Go-Compare, Swiftcover.com and Compare the Market, to provide accurate unbiased valuations. All CDL VIS used valuation data is based on actual sale evidence combined with anecdotal industry feedback.

Four year policy with low annual premiums.
We don't ask you to buy cover you may not need, pay for four years cover and then lose out if you sell your car after two years. Your Retail Value Protector GAP Insurance (RVP) policy will run for a maximum term of four years, without you having to pay a high "up-front" premium that offers no refund if you sell your car.

Instead, a low annual premium will be collected from your original payment card. If you sell your car, or change your mind, you simply cancel without penalty and no further premium will be due!

Automatically continuing with your policy.
We will continue to take payment annually from your original payment card unless you tell us to stop. Each year we will contact you by e-mail to let you know the annual payment is due. On receipt of payment you will continue to benefit from the protection of the policy without interruption.

Cancel without penalty
With Retail Value Protector GAP Insurance (RVP) you're under no obligation to pay for a four year policy if you change your mind or sell your car. If you keep up the annual payment, your cover will continue for up to 4 years. But you're free to cancel at any time without penalty and no further premium or benefit will be due. If you can cancel within 14 days of purchase we will refund the premium in full.

We pay all the depreciation every time, no claim limit*!
Your Retail Value Protector GAP Insurance (RVP) pays the difference, in full, between the retail value of your car when you take out a policy and the retail value of your car on the date it becomes a total loss - the value lost in depreciation in full! *A claim limit may apply to complimentary offers where no premium is due, please refer to policy schedule.

Avoid losing thousands in depreciation
It is a fact that depreciation is the biggest motoring expense. Whether your car is brand new or used, every month the value will fall. Typically motor insurance does not pay the depreciation. That is exactly what Retail Value Protector GAP Insurance (RVP) does - pays the difference between the Retail Value at policy start and the Retail Value on date of loss.

Clear Benefits, Valuable Protection?

• Guaranteed retail value from policy start
• We pay all the depreciation every time, no claim limit!*
  *A claim limit may apply to complimentary offers where no premium is due, please refer to policy schedule.
• Four year policy, premium payable annually
• Cancel anytime without penalty

In the UK car crime is a third of all crime, a vehicle is stolen every minute with a third never being recovered. A sad fact is that over 500,000 vehicles become a total loss each year.

• Motor Insurance settles the depreciated value, not the purchase value.
• From the second you start driving your car it's depreciating.
• Insurance Companies depreciate cars by up to 60% over a three year period.
• A car is stolen every minute of the day in the UK.
• Over 500,000 vehicles become a total loss each year.
• You pay the deprecation, not your motor insurer.

If your motor insurer declares your car to be a "total loss" through theft, vandalism or accident, they will typically only pay the loss value, the value of your car on the date of loss - not the retail value today. In other words, your motor insurer doesn't pay the depreciation

Now the good news, if your car is a total loss, Retail Value Protector GAP Insurance (RVP) does pay the depreciation, the difference between the retail value today and the retail value on the date of loss - it's that simple!

To ensure the retail value at purchase and loss are fairly, impartially and accurately calculated, we use the trusted independent third party valuation service CDL VIS Vehicle Information Services, relied on by many of the UK's leading brands, including Tesco, Moneysupermarket, Go-Compare, Swiftcover.com and Compare the Market, to provide accurate unbiased valuations. All CDL VIS used valuation data is based on actual sale evidence combined with anecdotal industry feedback.

To give you the peace of mind, so you can understand exactly the value insured, a FREE retail valuation of your car is supplied with every quote.

Whether your car is new or used, recently purchased or owned a number of years, we pay back to the retail value today. The valuation is provided by the trusted independent third party valuation service CDL VIS Vehicle Information Services, relied on by many of the UK's leading brands, including Tesco, Moneysupermarket, Go-Compare, Swiftcover.com and Compare the Market, to provide accurate unbiased valuations. All CDL VIS used valuation data is based on actual sale evidence combined with anecdotal industry feedback.

We've removed the need for you to read the small print to work out how to value your car. For your peace of mind, to ensure you understand exactly the value insured, a FREE retail valuation of your car is supplied with every quote

Retail Value Protector GAP Insurance (RVP) pays the difference between the retail value of your car when you take out a policy and the retail value of your car on the date it becomes a total loss.

Available for cars up to...

Retail value of up to £30,000 at policy start
80,000 miles (no mileage limit after policy start)
7 years old (no age limit after policy start)

Available whether you paid by...

Cash
Motor loan
Personal Loan
Contract Hire
PCP
Lease

Available for?

New and used cars
Cars purchased from a private seller or car dealership
Cars purchased today or any time in the last 7 years

Available for New and Used Cars

FREE Retail Valuation with every quote.
Four year policy with low annual premiums.
Cancel without penalty
We pay all the depreciation every time, no claim limit!*
*A claim limit may apply to complimentary offers where no premium is due, please refer to policy schedule.
Guaranteed Retail Value from policy start
Pays for what your motor insurance doesn't
Pays the value lost in depreciation.

Provides cover against financial loss where it's unsafe to repair the car, the cost of repair is greater than the pre-accident loss value, the car has been stolen and not recovered and your motor insurer declares your car an insurance write-off/total loss

• Great cover for New and Used cars
• Refunds depreciation
• Protects your investment
• Replace your car with one of similar value.
• There's no maximum mileage limit from the date of purchase
• Policy can run for up to four years
• Low annual premiums
• Same high level of cover now matter how long you've owned your car
• 14 day money back guarantee.
• The policy holder doesn't need to be the registered keeper or even the comprehensive insurance policy holder, but they must be named on the motor insurance policy.
• Transfer cover free for 90 days. Sometimes the car you ordered doesn't arrive, or the dealer needs to replace it for mechanical reasons. No problem, we will transfer the cover to your replacement car free of charge
• Cover can be purchased for cars bought from non vat registered garages or private individuals.
• Your total loss is covered when it occurs within Great Britain, Northern Ireland, the Isle of Man, the Channel Islands, member countries of the European Community and any other country for which an international motor insurance card ("Green Card") in respect of the car is effective at the Date of Loss

Let's assume your car's stolen or you've had an accident and your car's damaged beyond safe or economical repair causing you to need to make an insurance claim. In this instance your motor insurer will declare the car to be a "total loss" otherwise known as a "write-off".

Remember, typically the settlement the motor insurer pays will be based on the value of your car at the time of loss - not what it was originally worth!

This is where Retail Value Protector GAP Insurance (RVP) protects you. We pay the depreciation, the difference between the retail value at loss and the retail value today. It's as simple and uncomplicated as that!

Retail Value today Retail Value at time of loss Retail Value Protector Settlement	£ 7,000 £ 5,000 £ 2,000
Settlement is paid directly to our policy holder
Retail Value today Retail Value at time of loss Retail Value Protector Settlement	£11,500 £ 6,000 £ 5,500
Settlement is paid directly to our policy holder
Retail Value today Retail Value at time of loss Retail Value Protector Settlement	£18,300 £12,100 £ 6,200
Settlement is paid directly to our policy holder
Retail Value today Retail Value at time of loss Retail Value Protector Settlement	£28,600 £17,900 £10,700
Settlement is paid directly to our policy holder

Retail Value Protector GAP Insurance (RVP) pays YOU the depreciation IN FULL!

How Is My Car Valued?

Whether your car is new or used, recently purchased or owned a number of years, Retail Value Protector GAP Insurance (RVP) pays back to the retail value today. The valuation is provided by the trusted independent third party valuation service CDL VIS Vehicle Information Services, relied on by many of the UK's leading brands, including Tesco, Moneysupermarket, Go-Compare, Swiftcover.com and Compare the Market, to provide accurate unbiased valuations. All CDL VIS used valuation data is based on actual sale evidence combined with anecdotal industry feedback.

We've removed the need for you to read the small print to work out how to value your car. For your peace of mind, to ensure you understand exactly the value insured, a FREE retail valuation of your car is supplied with every quote

Unlike other providers, Retail Value Protector is not a broker, online IT company or an "affiliate" advertising third party products and earning commission from a sale. When you purchase a Retail Value Protector policy you're buying peace of mind directly from the insurer.

We're with you all the way from policy creation, web-site design, underwriting, and policy delivery to claim settlement.

With that, comes an understanding of requirements, a responsibility to our customers to provide the finest quality of service and accountability to the FSA for the products and services we offer.

We are proud of our achievements

Retail Value Protector is FSA registered and underwritten by Red Sands Insurance. Both are part of the respected Future45 Ltd and Hollard Group of companies.

Our foundation stone was laid over 20 years ago specialising in the automotive insurance sector, in 2006 we took the decision to offer our products online, directly to the consumer.

Our philosophy is through customer feedback and FSA guidelines to continually develop our policies for the online market and create intuitive and unique policies.

We have developed the unique Retail Value Protector GAP Insurance (RVP) offering car owners even greater simplicity of purchase, lower premiums and greater protection against depreciation than can be found anywhere else - both on or off-line.

• Association of British Insurers
• Financial Ombudsman Scheme
• Financial Services Scheme
• European Regulated
• Underwrite one of the UK's largest Mechanical Breakdown Insurance books
• Your policy is protected by the Financial Services Compensation Scheme
• Claims are handled by Direct Group (regulated by the Financial Services Authority)
• 20 Years Experience Of Quality Products, Value And Excellent Customer Service

Clear policy benefit
Trusted valuation source
FREE Retail valuation at policy start
By using the same robust valuation system at purchase and loss, our policy holders are ensured of receiving the true depreciation
No claim limit*
*A claim limit may apply to complimentary offers where no premium is due, please refer to policy schedule.

The policy will run for four years, but there's no need to pay a high "up-front" premium for cover that you may never need, you only pay a low annual premium. Each year you can decide if you want to pay the low annual premium and continue with cover, or cancel at any time without penalty and no further premium or benefit will be due

You're buying direct from the Insurer...
Our experience in motor related insurance saves you money
No salesman commission
No broker commission
No dealer add-ons
No showroom overheads

The internet lowers costs...
High sales volume means lower prices

Now you can bypass the dealer and save up to 75%

Whatever the reason, you can cancel your policy within the first 14 days and we will refund your premium in full.

Sometimes the car you ordered doesn't arrive, or the dealer needs to replace it for mechanical reasons. No problem, we will transfer the cover to your replacement car free of charge.

Whilst we are an online business, if you prefer to speak to us, we're based in Surrey and are happy to take your call.

After 20 years we understand the importance of good Customer Service.

Our foundation stone was laid over 20 years ago specialising in the automotive insurance sector, in 2006 we took the decision to offer our products online, directly to the consumer.

Our philosophy is through customer feedback and FSA guidelines to continually develop our policies for the online market and create intuitive and unique policies.

We have developed the unique Retail Value Protector GAP Insurance (RVP) offering car owners even greater simplicity of purchase, lower premiums and greater protection against depreciation than can be found anywhere else - both on or off-line.

Unlike other providers, Retail Value Protector is not a broker, online IT company or an "affiliate" advertising third party products and earning commission from a sale. When you purchase a Retail Value Protector policy you're buying peace of mind directly from the insurer.

We're with you all the way from policy creation, web-site design, underwriting, and policy delivery to claim settlement.

With that, comes an understanding of requirements, a responsibility to our customers to provide the finest quality of service and accountability to the FSA for the products and services we offer.

We are proud of our achievements

We have developed a unique Policy offering car owners even greater simplicity of purchase, lower premiums and greater protection against depreciation than can be found anywhere else - both on or off-line. "Retail Value Protector

• We understand Gap Insurance because we've supplied hundreds and thousands of policies.
• We know how a policy works, from "inception to claim" through experience.
• Now you are buying directly from the Insurer
• Our polices are supplied with clear "terms and conditions" and offer robust dependable cover.

• new and used cars
• cars less than 7 years old when the policy is purchased (no age limit after start date)
• cars that have covered less than 80,000 miles when the policy is purchased (no mileage limit after start date)
• cars with a purchase value of less than £30,000
• cars purchased privately or through a trade entity
• cars purchased any time in the last 7 years
• cars used for private or business purposes
• cars purchased using cash or a personal bank loan
• cars purchased using finance including but not limited to Motor Loan, PCP and Personal Bank Loan, contract hire or any style of leasing agreement

.

• Provides cover against financial loss where it's unsafe to repair the car, the cost of repair is greater than the pre-accident loss value, or the car has been stolen and not recovered and your motor insurer declares your car an insurance write-off/total loss
• Great cover for New and Used cars
• Refunds depreciation
• Protects your investment
• Replace Your Car with one of similar value.
• There's no maximum mileage limit from the date of purchase
• Policy can run for up to four years.
• May be cancelled at any time without penalty
• Money back guarantee. Whatever the reason, you can cancel your policy within the first 14 days and we will refund your premium in full
• The Gap policy holder doesn't need to be the registered keeper or even the comprehensive insurance policy holder, but they must be named on the motor insurance policy.
• Transfer cover free for 90 days. Sometimes the car you ordered doesn't arrive, or the dealer needs to replace it for mechanical reasons. No problem, we will transfer the cover to your replacement car free of charge
• The comprehensive motor insurance covering the car does not have to be in your name
• Cover can be purchased for cars bought from private individuals or non vat registered garages.
• Your total loss is covered when it occurs within Great Britain, Northern Ireland, the Isle of Man, the Channel Islands, member countries of the European Community and any other country for which an international motor insurance card ("Green Card") in respect of the car is effective at the Date of Loss

• The maximum retail value at policy start cannot exceed £30,000
• You can't claim on this policy if your motor insurer gives the option to replace the car with a new one
• Retail Value Protector GAP Insurance (RVP) can't be transferred to a different car or owner
• If the motor insurers offer of settlement is accepted without our agreement we may refuse to deal with your claim, grant no payment or calculate your claim using Glass's Guide value on date of loss
• If you don't notify us within 30 days of the date of loss, we may refuse to deal with your claim and grant no payment under this policy.

The Insurer will not pay for:

• Any warranty charges or insurance premiums
• Vehicle excise license (vehicle tax disc)
• Portable equipment such as satellite navigation equipment, entertainment equipment, mobile phones etc.
• VAT where you are VAT registered.
• Optional extras or modifications that were not fitted by the manufacturer
• Any claim if full and final settlement was not paid under the motor insurance

Please see "What is Not Covered" section of the policy for a complete list of exclusions

By paying an additional premium, you can also upgrade the cover to include our "Motor Insurance Excess Buster", which in the event of a valid claim, under Section 2 of Your policy will cover your motor insurance policy excess up to a maximum amount of £500. This benefit applies from 90 days after the inception date.

Cars

• Not recorded by CDL VIS Vehicle Information Services, vehicles over 3500kg gross weight, all commercial vehicles, emergency service vehicles, vans or car derived vans, designed to carry more than eight people including the driver motor cycles, invalid carriers, kit cars, grey import(s), Aston Martin, Bentley, Bristol, Cosworth, De Tomaso, Dorchester, Ferrari, Ginetta, Lamborghini, Lancia, Maserati, Rolls-Royce and any American make of vehicle unless manufactured as right hand drive for the UK market.
• Fitted with non manufacturer specified modifications including but not limited to engine modifications; up-rated brakes, roll cages; steering column extension. Modifications such as alloy wheels, in-car entertainment, in-car security, sat-nav, hands-free kit, roof rails, tow bar do not preclude the car from being covered.
• Used for hire or reward, delivery courier, driving school, haulage, competition, racing, pace making, reliability trials or off road, speed testing or used by an entity formed for the purposes of selling or servicing motor vehicles.
• Over 7 years old and 80,000 miles before the inception date of the policy.
• Classified as category A, B, C, D, F or X total loss prior to the inception date.
• Without a valid vehicle excise license (vehicle tax disc)
• More than three years old without a valid MOT
• Portable equipment such as satellite navigation equipment, entertainment equipment, mobile phones etc.

Any total loss:

• Where the schedule or annual premium is not received by us.
• Where you have the option to replace the car under the comprehensive motor insurance policy
• Additional costs including but not limited to vehicle excise license (vehicle tax disc), warranty, motor insurance.
• VAT where you are VAT registered.
• That occurred before the date the policy was purchased or the inception date of this policy.
• That occurred due to theft while the car ignition keys were left with your car.
• If the total loss was not covered, or full and final settlement was not paid, under a comprehensive motor insurance policy.
• When the car was being driven by a person not covered under a comprehensive motor insurance policy; or who does not hold a valid license to drive the car; or are intoxicated by alcohol (as defined by legal limits); or under the influence of drugs not prescribed by a registered medical practitioner; or being driven illegally. (Does not apply if the person driving is reported to the police for taking the car without your permission)
• That occurred due to any intentional act or wilful neglect on your or the driver of the car's part.
• That occurred as a result of war, riot, civil commotion, terrorism, pollution or contamination
• That occurred as a result of radioactive contamination from ionising radiation or contamination from any nuclear fuel or from any nuclear waste arising from burning nuclear fuel, or the radioactive, toxic, explosive or other dangerous effect of any explosive nuclear equipment or part of that equipment.

Please see "What is Not Covered" section of the policy for a complete list of exclusions

If after purchasing Retail Value Protector GAP Insurance (RVP) you decide not to proceed, you have 14 days to cancel from the date you purchased Gap Insurance. We'll refund the premium paid in full.

Retail Value Protector GAP Insurance (RVP) is a four year policy where the premium is paid annually. The policy automatically terminates when a claim is settled, when you sell or dispose of the car or your annual premium is not received. However, if you sell your car in the first 90 days, on your instructions the Gap Insurance can be transferred to a replacement car of the same value or less.

If the Insurer is unable to meet its liabilities your policy is covered by the Financial Services Compensation Scheme (FSCS). Further information about compensation scheme arrangements is available at www.fscs.org.uk, by emailing enquiries@fscs.org.uk or by phoning the FSCS on 0207 892 7300.

Retail Value Protector GAP Insurance (RVP) is delivered to you by Retail Value Protector.co.uk (a trading name of Future45 Ltd) who are authorised and regulated by the Financial Services Authority 461102. You can check this on the FSA's Register by visiting the FSA's website www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.

We have appointed Direct Group Limited to deal with all administrative matters relating to this policy, Direct Group Limited is also authorised and regulated by the Financial Services Authority, FSA registration No 307332.

The Insurer, Red Sands Insurance Company (Europe) Limited (Red Sands) is also authorised and regulated by the Financial Services Authority. Red Sands and is a member of the UK's Financial Services Compensation Scheme and the Association of British Insurers (ABI).