Insurance benefit in the event of unemployment

• Payment of monthly installments (up to max. 12 installments per unemployment event and max. CHF 2,000 per installment); up to max. 24 installments over the entire term of the contract
• Duration of insurance: unlimited with a notice period of three months to the end of the month.

Insurance benefits in the event of incapacity to work

• In the event of temporary incapacity to work: payment of monthly installments (up to max. 12 installments per claim and max. CHF 2,000 per installment); up to max. 24 installments over the entire term of the contract
• In the event of permanent incapacity to work due to disability: payment of residual debt up to max. CHF 100,000.
• Duration of insurance: unlimited with a notice period of three months to the end of the month.

Conditions

• Minimum age of 20 years old at conclusion of contract, maximum age of 65 years old at contract expiration.
• No knowledge of an existing illness and not suffering from the consequences of an accident.
• No absence from work of more than 20 days due to illness/accident and no hospital stay of more than 10 days in the past 12 months.
• No knowledge of imminent dismissal and no imminent early retirement.
• Permanent and uninterrupted employment relationship for at least six months with at least 25 hours per week.
• Main residence in Switzerland.

Calculation example for CREDIT-now Casa

Loan amount of CHF 10,000 at 4.9% effective annual interest rate with a term of 36 months.

Without credit protection insurance per month *               CHF 298.80
With credit protection insurance per month **                   CHF 314.45

Overall interest costs:
* CHF 756.80 / ** CHF 796.40