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Société Générale Insurance BDK Plus: the policy wording in full
GAPPlus zur Fahrzeugfinanzierung der BDK (Versicherer Société Générale Insurance): erstattet bei Diebstahl oder Totalschaden ab 70 Prozent des Fahrzeugwerts über die gesamte Laufzeit die Differenz zwischen Wiederbeschaffungswert und Kaufpreis bis 30.000 Euro, dazu Ersatzwagen und die Kasko-Selbstbeteiligung bis 1.000 Euro.
German market: tariffs for people living in Germany.
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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 Société Générale Insurance BDK
Plus.
Basics and eligible contracts
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Form of cover (module of the comprehensive policy or stand-alone contract) | yes | „Unsere Kreditabsicherungen GAP und GAPPlus schützen Ihre Kunden vor den …“ | Seite 1, page 1 |
| GAP cover included in the comprehensive policy at no extra premium | no | „Die Versicherungsprämie wird als Einmalbetrag erhoben, auf den Netto-Darlehensbetrag …“ | Produkteigenschaften, Versicherungsprämie, page 2 |
| Fully comprehensive cover is a precondition | not addressed | ||
| Partial cover is sufficient (theft, fire, natural hazards) | not addressed | ||
| Comprehensive policy must be held with the same insurer or intermediary | not addressed | ||
| Leased vehicles covered | not addressed | ||
| Loan financed vehicles covered | yes | „Klassische Finanzierung, 3-Wege-Finanzierung, Schlussratenfinanzierung“ | Produkteigenschaften, Kombinierbar mit, page 2 |
| Financing with balloon payment covered | yes | „Klassische Finanzierung, 3-Wege-Finanzierung, Schlussratenfinanzierung“ | Produkteigenschaften, Kombinierbar mit, page 2 |
| Cash purchase insurable (purchase price protection without financing) | not addressed | ||
| Eligible vehicle types (cars, motorcycles, motorhomes, vans) | not addressed | ||
| Used vehicles insurable | yes | „Alter bei Vertragsbeginn max. 6 Jahre (ausgehend vom Datum der Erstzulassung)“ | Produkteigenschaften, Geltung, page 2 |
| Maximum vehicle age at inception | yes | „Alter bei Vertragsbeginn max. 6 Jahre (ausgehend vom Datum der Erstzulassung)“ | Produkteigenschaften, Geltung, page 2 |
| Maximum insurable purchase price or vehicle value | yes, up to EUR 80,000 | „Kaufpreis gemäß Kaufvertrag max. 80.000 Euro“ | Produkteigenschaften, Geltung, page 2 |
| Leased or rented traction battery included | not addressed |
Insured event
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Total loss (destruction) as insured event | yes | „Entwendung des Fahrzeugs oder Totalschaden (ab 70 % des Fahrzeugwertes) durch eigen …“ | Produkteigenschaften, Schadenfälle, page 2 |
| Constructive total loss (repair costs above replacement value or a fixed percentage) | yes | „Entwendung des Fahrzeugs oder Totalschaden (ab 70 % des Fahrzeugwertes) durch eigen …“ | Produkteigenschaften, Schadenfälle, page 2 |
| Theft or loss of the whole vehicle | yes | „Entwendung des Fahrzeugs oder Totalschaden (ab 70 % des Fahrzeugwertes) durch eigen …“ | Produkteigenschaften, Schadenfälle, page 2 |
| 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 | yes | „Entwendung des Fahrzeugs oder Totalschaden (ab 70 % des Fahrzeugwertes) durch eigen …“ | Produkteigenschaften, Schadenfälle, page 2 |
| 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 | not addressed | ||
| Basis for loans: outstanding balance on the date of loss | not addressed | ||
| Payment of the difference to replacement value or to the comprehensive settlement | not addressed | ||
| Payment of the difference to purchase or list price (return to invoice, new for old) | yes, up to EUR 30,000 | „Erstattet die Differenz zwischen dem Wiederbeschaffungswert und dem ursprünglich …“ | Produkteigenschaften, Umfang, page 2 |
| Duration of purchase price or new value indemnity | yes | „Erstattet die Differenz zwischen dem Wiederbeschaffungswert und dem ursprünglich …“ | Produkteigenschaften, Umfang, page 2 |
| Maximum benefit of the GAP cover | yes, up to EUR 30,000 | „Bis 30.000 Euro“ | Produkteigenschaften, Deckungssumme, page 2 |
| Cap at a percentage of replacement value, purchase price or list price | not addressed | ||
| VAT is reimbursed | not addressed | ||
| Deductible of the comprehensive policy is reimbursed | yes, up to EUR 1,000 | „Übernimmt zusätzlich die Selbstbeteiligung des Kaskoversicherers bis 1.000 Euro“ | Produkteigenschaften, Umfang, page 2 |
| 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 | „Übernimmt die nicht verbrauchte Anzahlung (sofern geleistet)“ | Produkteigenschaften, Umfang, page 2 |
| Extra benefit for replacement (registration, delivery, allowance) | yes, up to the sum insured | „Kostenübernahme eines Ersatzwagens für max. 30 Tage und max. 25 Euro pro Tag“ | Produkteigenschaften, Umfang, page 2 |
| Payment made directly to lessor or lender | not addressed |
What reduces the benefit
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Arrears and default interest not covered | not addressed | ||
| Excess mileage and wear charges not covered | not addressed | ||
| 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 | not addressed | ||
| 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 | none | „Tritt ein Versicherungsfall ein, ist dies uns als BDK unverzüglich schriftlich anzuzeigen.“ | Seite 3, Leistungsabwicklung, page 3 |
| Documents to submit (lease or loan contract, settlement statement, casco settlement) | not addressed | ||
| 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 | „Entsprechend der Finanzierungslaufzeit (max. 96 Monate)“ | Produkteigenschaften, Laufzeit, page 2 |
| Maximum term of the GAP cover | yes | „Entsprechend der Finanzierungslaufzeit (max. 96 Monate)“ | Produkteigenschaften, Laufzeit, page 2 |
| 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 | „Die Versicherungsprämie wird als Einmalbetrag erhoben, auf den Netto-Darlehensbetrag …“ | Produkteigenschaften, Versicherungsprämie, page 2 |
| 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.
Despite care, a value may be misread;
legally only the wording of your own contract in the edition stated there applies.
Please report errors, we correct them the same day.
Policy wordings and provider
- Legal entity
- Sogecap S.A., Sogessur S.A.
- Distribution
- not known
- BDK Produktportrait GAP Edition: Februar 2026 Copy hosted by an intermediary, not by the insurer
Full text of the wording
The full text exists only in German.
It is printed on the German page for Société Générale Insurance BDK Plus and available as plain
text.
Volltext Société Générale Insurance BDK Plus GAP-Versicherung · As text (Markdown) Société Générale Insurance BDK Plus GAP insurance