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IN SUMMARY
In the event of a total loss insurance claim, RTI Gap Insurance
will pay you back any shortfall between the Insurance payout and
the Invoice price on your car. For example,
CAN YOU GIVE ME AN EXAMPLE OF HOW RTI WORKS
If you paid £35,000 for your car, and your motor
insurance pay out is £22,000, RTI can pay the difference of
£13,000 to top it up to the original £35,000. Its that
simple.
WHAT IS COVERED
If within the Period of Insurance, and incident
occurs which results in the insured vehicle being classed as a
Total Loss by the Motor Insurance Policy underwriter, we will
pay the financial shortfall between the amount you receive from
the Insurance policy and the purchase price of the vehicle, as
confirmed in the invoice of sale, up to the sum insured in the
event of your vehicle being a total loss following an incident
during the period of insurance occurring whilst your vehicle in
in Geographical limits.
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