Payment protection insurance

Do you want to avoid financial risks when planning your financing? This product offers sensible security at clear, reasonably-priced instalments, something which is particularly important under the present economic conditions. Because for a few additional Euros per month you can insure your financing against income losses caused by joblessness and incapacitation for work. And in the event of death the surviving members of your family will not have to face any financial obligations. A financial protection that does not cost much: reassuringly protective.

Your benefits at a glance:

  • Financial protection for yourself and your family
  • Swift and uncomplicated help
  • No medical examination required**
  • Payment is integrated into your monthly instalment

Benefits in the event of joblessness

In the event of unexpected and blameless unemployment the monthly obligations will be taken for a maximum of 12 months from the loan contract. (Exception: the final payment is not covered by the insurance).

Benefits in the event of incapacitation for work

Payment protection takes over the current payments falling due as of the 2nd month after start of work incapacity due to illness, accident or invalidity. (Exception: the final payment is not covered by this insurance).

Payments in the event of death

Payment protection takes over payment of all remaining instalments - and naturally the final payment as well. The financed vehicle can naturally continue to be used by the next of kin even if their income should suddenly cease completely.


  • The contract term corresponds to the duration of financing (18 - 84 months)
  • Above benefits are valid for a max. age of 60 yrs at end of contract***
  • Maximum sum insured: 100,000 Euros

*Insurer: Swiss Life Insurance Solutions AG for death and incapacitation for work and Swiss Life Prévoyance et Santé S.A. for joblessness, Mercedes-Benz Bank AG acting as intermediary. The admittance conditions apply which are determined by the aforementioned Insurer/Factsheet for Insured persons of the aforementioned Insurer.

**Pre-existing illnesses of the preceding 12 months are excluded from insurance coverage.

***Age at termination of the contract: 61 to 65 years: coverage for the event of death and incapacitation for work; age at termination of contract 66 to 70 years: coverage for the event of death.

Mercedes-Benz Mongolia