Income protection insurance

Benefits at a glance

• Secures the previous standard of living.
• Protects against potential financial emergencies as a result of accident, illness, or unemployment.
• Protects recurring payment obligations such as rent, insurance premiums, and taxes.
• No health check necessary.
• The amount paid out can be used for any purpose.

Insured risks

• Involuntary unemployment.
• Temporary total incapacity to work due to illness or injury.

Sum insured

You can choose the monthly sum insured yourself:

• CHF 600.- per month/monthly premium of CHF 35.95.
• CHF 1'000.- per month/monthly premium of CHF 59.90.
• CHF 1'200.- per month/monthly premium of CHF 71.90.

Conditions

• At least 18 years old and no more than 60 years old on conclusion of the contract.
• Can only be concluded in conjunction with a valid loan agreement (existing or new)
• Main residence in Switzerland.
• No knowledge of an existing illness.
• 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.
• Employed on a permanent basis and without notice for at least 12 months with at least 25 hours per week.
• Not imminently about to enter early retirement.

Duration of insurance

• Unlimited with a notice period of 30 days.

Duration of benefits

• Maximum of 12 months per claim; maximum of 36 months in total.

Applying for income protection

It’s simple:

• Choose the monthly sum insured you want.
• Print the application form and send the completed and signed application and debit authorization to the nearest BANK-now branch.

Find your nearest BANK-now branch

Income protection is an insurance policy from Helvetia Versicherungen, brokered by BANK-now Ltd. As the policyholder, the client concludes a contract with Helvetia Versicherungen, the insurer.