In case an invoice that you have partially or completely bought has been insured and this insurance is confirmed by AXA, the insurance payout would be your investment to the maximum of 90% of the underlying invoice amount minus all related costs.
These related costs are the following and they will be deducted at pro rata on invoice level from your insurance payout:
- AXA collection costs of CHF 161.55 in Switzerland / in the Principality of Liechtenstein, CHF 269.25 in the U.S.A., San Marino, Andorra and CHF 215.40 in all other countries
- Advanon collection costs of CHF 200.-
- Insurance premium of 0.25% of invoice amount (if not deducted in the beginning)