Are Gap Cover monthly payments tax deductible? "Gap cover falls under the definition of ‚%u20AC%u0153accident and health policy‚%u20ACĚ, in the Short Term Insurance Act No. 53 of 1998, or the Long-term Insurance Act, 1998 and not the Medical Schemes Act, 1998. " My gap cover has said they are unable to give me a tax certificate because it is not tax deductible. Please can you assist.