Managing Non-Life Insured Products Sold Through Auto …
Considering the above, it’s clear that an insurer’s exposure to a gap claim for a given vehicle can range from almost zero (e.g., used car purchased at book with no extras, 10% down and 36 month financing) to very high (e.g., new sports car with all the extras, credit insurance and VSC, payoff of loan on trade-in, nothing down and a 5 year ... ................
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