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STAY FINANCIALLY INDEPENDENT Payment protection insurance

Safeguards your standard of living in difficult times
Offers financial flexibility
Can only be purchased through lenders or lessors
Key points at a glance
  • Financial independence: Payment protection insurance guarantees your accustomed living standard through monthly payments if you become unable to work or lose your job through no fault of your own.
  • Coverage of recurring expenses: Payment protection insurance covers your monthly expenses for loans and leases.
  • Offer only available from lenders and lessors:  If you’re interested in payment protection insurance, then please contact your lender or lessor.

Maintain your standard of living during hard times

If you lose your job or become unfit for work, you’ll face a sharp fall in income. At the same time, your regular monthly expenditures will remain the same. The rent on your apartment, lease payments on your car and subscriptions for public transportation, cell phones, fitness studios and streaming services need to be financed on a reduced budget – which can soon become a major headache. 

Payment protection insurance covers your recurring monthly expenses.  Payment protection insurance lets you maintain your accustomed living standard even during difficult times. This allows you to retain your financial flexibility and concentrate fully on your future.

How can I take out payment protection insurance?

Payment protection insurance is available  exclusively through our distribution partners in connection with a lending or leasing agreement . If you want to insure your recurring obligations, please contact your lender or lessor directly.

Already have payment protection insurance from AXA?

Starting on July 1, 2025, AXA Switzerland will no longer offer payment protection insurance through its own sales channels. It can only be purchased from select lenders and lessors.

If you’ve already taken out payment protection insurance from AXA Switzerland and your policy has not expired, there will be no changes for you initially. Once the policy has expired, however, we will no longer be able to extend it, and you will receive a cancellation notice from us.

Until then, the insured benefits in your policy will remain unchanged  and you will continue to profit from our service.

Any questions?

If you have any questions or have something to tell us, you can reach us in the following ways:

Have a claim to make?

You can submit it online. To assess your claim, AXA will need certain documents. Please consult the  General Insurance Conditions (GIC) to determine which documents you should send us.

Support and FAQs

  • What does cancellation mean for me?

    When AXA cancels your policy, your insurance coverage will end on the date specified. There is nothing further that you need to do.

    If you want to continue to take advantage of payment protection insurance, please contact your lender or lessor directly.

  • Are there alternatives to my canceled policy?

    At this time, we are unfortunately not able to offer you any direct alternatives to your canceled policy. If you still want to take advantage of payment protection insurance, please contact your lender or lessor directly.

  • Where can I find more information?

    If you have specific questions about your cancellation or for more information, your advisor will be happy to help. You can also contact us at clp@axa.ch.