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Mannheimer Kfz-Versicherung: the policy wording in full
GAP-Deckung (Differenzdeckung) als zusätzlich zu vereinbarende Ergänzung der Vollkasko für geleaste oder kreditfinanzierte Fahrzeuge, begrenzt auf 20 Prozent des Fahrzeugwerts.
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Everything about this policy
What the policy covers: 70 points, each with its clause
Quotes are shortened.
The full German wording of each point is on the German page for Mannheimer Kfz-Versicherung.
Basics and eligible contracts
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Form of cover (module of the comprehensive policy or stand-alone contract) | yes | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| GAP cover included in the comprehensive policy at no extra premium | no | „Der Beitrag für die GAP-Deckung entspricht einem im Tarif festgesetzten Prozentsatz des …“ | A.2.5.1.10.1 c), page 7 |
| Fully comprehensive cover is a precondition | yes | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| Partial cover is sufficient (theft, fire, natural hazards) | no | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| Comprehensive policy must be held with the same insurer or intermediary | yes | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| Leased vehicles covered | yes | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| Loan financed vehicles covered | yes | „Es gelten die unter A.2.5.1.10.1 genannten Regelungen entsprechend. Abweichend von …“ | A.2.5.1.10.2, page 7 |
| Financing with balloon payment covered | not addressed | ||
| Cash purchase insurable (purchase price protection without financing) | not addressed | ||
| Eligible vehicle types (cars, motorcycles, motorhomes, vans) | yes | „Die GAP-Deckung für geleaste oder kreditfinanzierte Pkw, Lkw, Zugmaschinen (außer …“ | A.2.5.1.10, page 7 |
| Used vehicles insurable | not addressed | ||
| Maximum vehicle age at inception | not addressed | ||
| Maximum insurable purchase price or vehicle value | not addressed | ||
| Leased or rented traction battery included | not addressed |
Insured event
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Total loss (destruction) as insured event | yes | „Versicherungsschutz besteht für Totalschaden, Zerstörung oder Verlust des Fahrzeuges.“ | A.2.5.1.10, page 7 |
| Constructive total loss (repair costs above replacement value or a fixed percentage) | not addressed | ||
| Theft or loss of the whole vehicle | yes | „Versicherungsschutz besteht für Totalschaden, Zerstörung oder Verlust des Fahrzeuges.“ | A.2.5.1.10, page 7 |
| Waiting period after theft before payment | not addressed | ||
| Benefit only if the comprehensive insurer settles the claim | not addressed | ||
| Benefit also when a third party liability insurer pays the total loss | no | „Etwaige Er-satzleistungen eines gegnerischen Haft-pflichtversicherers werden angerechnet.“ | A.2.5.1.10.1 b), page 7 |
| Benefit for repairable damage (no total loss) | not addressed |
Benefit and calculation
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Basis for leasing: settlement value under the lease contract | yes | „Der Leasing-Restbetrag ist die Summe - der ausstehenden abgezinsten …“ | A.2.5.1.10.1 a), page 7 |
| Basis for loans: outstanding balance on the date of loss | yes | „Es gelten die unter A.2.5.1.10.1 genannten Regelungen entsprechend. Abweichend von …“ | A.2.5.1.10.2, page 7 |
| Payment of the difference to replacement value or to the comprehensive settlement | yes, up to the sum insured | „Wir ersetzen während der Laufzeit des Leasingvertrages die Differenz zwischen dem …“ | A.2.5.1.10.1 a), page 7 |
| Payment of the difference to purchase or list price (return to invoice, new for old) | not addressed | ||
| Duration of purchase price or new value indemnity | not addressed | ||
| Maximum benefit of the GAP cover | yes, up to the sum insured | „Unsere Leistung ist begrenzt auf 20 % des Fahrzeugwertes nach dem Leasingvertrag.“ | A.2.5.1.10.1 a), page 7 |
| Cap at a percentage of replacement value, purchase price or list price | yes | „Unsere Leistung ist begrenzt auf 20 % des Fahrzeugwertes nach dem Leasingvertrag.“ | A.2.5.1.10.1 a), page 7 |
| VAT is reimbursed | yes | „Wir erstatten die Mehrwertsteuer, soweit Sie nicht vorsteuerabzugsberechtigt sind.“ | A.2.5.1.10.1 a), page 7 |
| Deductible of the comprehensive policy is reimbursed | no | „Die in der Vollkasko vereinbarte Selbstbeteiligung erstatten wir nicht.“ | A.2.5.1.10.1 b), page 7 |
| Separate deductible within the GAP cover | not addressed | ||
| Salvage value is deducted | not addressed | ||
| Initial lease payment or deposit is taken into account | yes, up to the sum insured | „Der Leasing-Restbetrag ist die Summe - der ausstehenden abgezinsten …“ | A.2.5.1.10.1 a), page 7 |
| Extra benefit for replacement (registration, delivery, allowance) | no | „Überführungs- und Abmeldekosten sowie Nachforderungen des Leasinggebers wegen …“ | A.2.5.1.10.1 b), page 7 |
| Payment made directly to lessor or lender | not addressed |
What reduces the benefit
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Arrears and default interest not covered | yes | „Nicht erstattet werden vor Eintritt des Schadenfalls fällig gewesene, nicht bezahlte …“ | A.2.5.1.10.1 b), page 7 |
| Excess mileage and wear charges not covered | yes | „Überführungs- und Abmeldekosten sowie Nachforderungen des Leasinggebers wegen …“ | A.2.5.1.10.1 b), page 7 |
| Early termination and administration fees not covered | not addressed | ||
| Financed extras (insurance premiums, warranty, servicing) not covered | not addressed | ||
| Deduction for unrepaired previous damage | not addressed | ||
| Reductions of the comprehensive settlement not made up | not addressed | ||
| Limited to customary lease or loan terms | yes | „Die Leistung aus der GAP-Deckung gilt für Leasing- oder Kreditverträge auf der …“ | A.2.5.1.10, page 7 |
| Reduction if the comprehensive policy does not pay full replacement value | not addressed |
Exclusions
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Waiver of the gross negligence defence | not addressed | ||
| Intent excluded | not addressed | ||
| Driving under the influence excluded | not addressed | ||
| Unlicensed or unauthorised driver excluded | not addressed | ||
| Racing and track driving excluded | not addressed | ||
| Taxi, hire car, driving school and rental use excluded | not addressed | ||
| Embezzlement and fraud excluded | not addressed | ||
| War, civil unrest and nuclear energy excluded | not addressed | ||
| Subsidiary to other insurance | not addressed |
Duties after a loss
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Deadline for notifying a claim | not addressed | ||
| Documents to submit (lease or loan contract, settlement statement, casco settlement) | yes | „Im Schadenfall haben Sie uns folgende Unterlagen einzureichen: - den Leasingvertrag …“ | A.2.5.1.10.1 d), page 7 |
| Police report required after theft | not addressed | ||
| Insurer's consent before disposal or sale of the wreck | not addressed | ||
| Payment period after assessment | not addressed |
Term and contract
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Term linked to the lease or loan contract | yes | „Wir ersetzen während der Laufzeit des Leasingvertrages die Differenz zwischen dem …“ | A.2.5.1.10.1 a), page 7 |
| Maximum term of the GAP cover | not addressed | ||
| Ends on redemption, end of contract or transfer of ownership | not addressed | ||
| Premium refund on early termination (single premium) | not addressed | ||
| Premium payment (single, financed, ongoing with the casco premium) | yes | „Der Beitrag für die GAP-Deckung entspricht einem im Tarif festgesetzten Prozentsatz des …“ | A.2.5.1.10.1 c), page 7 |
| Ordinary cancellation of the module or contract | not addressed | ||
| Vehicle change or transfer to a successor vehicle | not addressed | ||
| GAP cover continues after a change of comprehensive insurer | not addressed | ||
| Territorial scope (Europe, green card countries) | not addressed |
Spain specifics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Indemnity at new value (valor a nuevo): years from first registration | not addressed | ||
| Enhanced market value after the new value period (valor venal mejorado) | not addressed | ||
| New value only for the first owner | not addressed | ||
| Clause in favour of the lender (loss payee, retention of title) | not addressed |
Evaluated by NAMMERT from published policy wordings.
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legally only the wording of your own contract in the edition stated there applies.
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Policy wordings and provider
- Legal entity
- Mannheimer Versicherung Aktiengesellschaft
- Distribution
- not known
- Mannheimer AKB '22 (KR 065) Edition: Mannheimer AKB '22 (Allgemeine Bedingungen 2022) Original from the insurer (PDF, German)
Full text of the wording
The full text exists only in German.
It is printed on the German page for Mannheimer Kfz-Versicherung and available as plain text.
Volltext Mannheimer Kfz-Versicherung GAP-Versicherung · As text (Markdown) Mannheimer Kfz-Versicherung GAP insurance