Protection for LEASE-now
As well as attractive vehicle financing solutions, protection against unexpected life events is important for many vehicle owners. With LEASE-now, you can apply for payment protection insurance in the event of death as well as in the event of unemployment and incapacity to work.
In case of death
This insurance available as an optional extra gives you the peace of mind that you have provided for your family even in the worst-case scenario.
Your benefits at a glance
- Protection for surviving dependants during the term of the contract.
- No health check required upon conclusion.
- No waiting period, benefits immediately upon death.
Insurance benefits in the case of death
- Payment of the leasing installments still due from the date of death and payment of the residual value agreed at the end of the contract (max. CHF 100'000.- per lease agreement).
In the event of unemployment or incapacity to work
To make sure that you are prepared for unforeseeable events in your professional life, we recommend that you insure your installment payments against unemployment and incapacity to work.
Insurance benefits 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.
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.-.
- 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.
This is a group insurance policy taken out by BANK-now Ltd., as policyholder, with Helvetia Versicherungen, as insurer.