Payment Protection Plus for FOREX Credit Card

With Payment Protection Plus, you can feel safe if something unexpected happens. The insurance covers the debt on your FOREX Credit Card in the event of, for example, sick leave, unemployment, serious illness or death.

When does the insurance apply?

Payment Protection Plus applies if you:

  • Are on sick leave at least 50% for over 30 days
  • Becomes involuntarily unemployed for at least 30 days*
  • Suffering from serious illness
  • Passed away (compensation up to SEK 350,000)

 

Compensation:

  • In case of sick leave or unemployment: compensation of 12.5% of the debt on the day of the claim from day 31
  • In the event of serious illness or death: the entire debt can be settled (maximum SEK 350,000)

The compensation is paid directly to your card account.

Cost

You pay 0.60% of the outstanding debt per month.

Example:

  • 5 000 SEK 30 SEK/month
  • 10 000 kr 60 kr/month
  • 20 000 SEK 120 SEK/month 


How to sign

Sign up for Payment Protection Plus easily in the FOREX Credit Card app or the Credit Card Portal, under "My insurances". You can terminate the insurance at any time with a one-month notice period.

Click here to file a claim