I have existing Gap Cover with another insurer. If I cancel it to take out your policy, how will this affect me?

Replacing your existing Gap Cover with Liberty Gap Cover will not negatively impact you in any way. The pre-existing condition waiting period will only be applied to the unexpired part of the pre-existing condition waiting period from the previous policy. The pre-existing condition waiting period will, however, apply for the full period of 12 months for any benefit not provided under the previous policy.