- Death: The insurance covers the outstanding amount of the loan contract, up to a maximum of CHF 100,000, less any amounts you are in arrears with.
- Full incapacity for work due to illness or accident: After a waiting period of 60 days, the insurance covers the monthly instalment. It pays the lowest of three amounts: the instalment under the loan contract, the loan amount outstanding on day 61, or CHF 2,000 per month. Benefits are paid for a maximum of 12 months per claim.
- Involuntary unemployment: the same as for incapacity for work, also after 60 days and for a maximum of 12 months per claim.
The General Insurance Conditions (GIC) of AXA apply.