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GAP ADDENDUM CANCELLATION FORM Dealers Name* Borrowers Name Street Address* Street Address City* State* Zip* City State Zip Dealers Contact Name Dealers Phone Number Lending Institution Name* Addendum.

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How to fill out the Gapwise Cancellation online

Filling out the Gapwise Cancellation form is a straightforward process that allows users to request the cancellation of their financial gap program effectively. This guide will provide clear, step-by-step instructions to assist you in completing the form accurately.

Follow the steps to fill out the Gapwise Cancellation form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering the dealer's name in the designated field. This is crucial for identifying the dealership associated with the cancelation.
  3. Next, fill in the borrower's name and complete the address section, including street address, city, state, and zip code. Ensure accuracy in this section to avoid processing delays.
  4. Provide the dealer's contact name and phone number to facilitate communication if further information is required.
  5. Fill out the lending institution's name and the addendum number, ensuring that alphabetic characters are included as specified.
  6. Input the effective date of the addendum, specifying the month, day, and year in the appropriate fields.
  7. Complete the vehicle description section, including make, model, and the vehicle identification number (VIN). This information helps in identifying the specific vehicle related to the cancellation.
  8. Indicate the borrower's cost for the vehicle and the desired cancellation effective date by filling in the required date inputs.
  9. Select a cancellation reason from the provided options. Be sure to include any necessary paperwork, such as payoff proof or a repossession letter, if applicable.
  10. In the cancellation request statement, confirm your request for cancellation by signing and dating where indicated. This signifies your agreement to the terms stated.
  11. After completing all fields and ensuring the accuracy of your information, you can save changes, download the form, print it, or share it as needed.

Start your gapwise cancellation process online today for a seamless experience.

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Gap insurance stands for Guaranteed Asset Protection insurance. It is an optional, add-on coverage that can help certain drivers cover the “gap” between the financed amount owed on their car and their car's actual cash value (ACV), in the event of a covered incident where their car is declared a total loss.

Unlike car insurance, gap insurance is not legally required, and you can cancel at any time. It makes sense to cancel gap insurance once your loan balance is less than your vehicle's actual cash value. Drivers who pay their gap insurance premium upfront may receive a refund when they cancel their policy.

This could mean a financial gap and thousands of dollars out of pocket for a vehicle that is no longer usable. That's why Wise F&I offers GAPWise, providing relief from the potential financial burden. GAPWise coverage is available for: Automobiles (including Trucks and SUVs) Recreational Vehicles (RVs)

Claims Email: lossreport@gapadmin.com. Phone: 888-427-2037. ... Start a Claim. Cancellations. To cancel a GAP contract, download and complete the cancellation form, include the consumer's signature, and submit the final form via email, fax, or mail. ... Email: cancellations@gapadmin.com. Fax: ... Download the Cancellation Form.

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