You can still sell our GAP Insurance!

Despite the press reports suggesting that GAP has been withdrawn, it has not been withdrawn from brokers, so our products are still available to you and your customers.

Following the recent FCA announcement we would like to assure you that Nice 1 and its insurers have been unaffected; therefore, we are still open for GAP business and our policies are fully compliant and available to your clients.

Because dealerships are prohibited from selling GAP, this presents a major opportunity to promote GAP for March’s new vehicle sales.

If you are in any doubt or have any queries please contact Andy Acton on 07977 555431.

Yours faithfully

The Nice 1 team.

Total Loss Protect for older vehicles

This offers an alternative to car and light van customers not eligible to take out GAP Insurance.


Sometimes, a customer cannot take out a traditional GAP policy due to many factors which may include:

  • The length of time they have owned the vehicle
  • The age of the vehicle
  • The recorded mileage of the vehicle, or
  • On expiry of their GAP policy (because GAP policies cannot be renewed or extended).

In the event that a customer’s vehicle is declared a total loss, this Insurance will pay 25% of the motor insurers settlement amount, up to a maximum of £10,000. Cover is available for 12, 24 or 36 months and premiums are calculated based on the main vehicle insurers annual premium. It will also cover non-fault incidents where a successful claim is accepted and paid by the third-party motor insurer.

  • The vehicle is a car or light van less than 3500kg GVW not used for hire or reward,
  • The vehicle has not been modified other than in accordance with the manufacturer’s specification,
  • The vehicle is not specifically excluded under the terms and conditions of this policy.

Please refer to the policy IPID and policy wording for a more detailed explanation of benefits and exclusions.