The pension fund is part of Switzerland’s occupational pension scheme (second pillar) and supplements the AHV, providing financial security in old age, disability or death.

Term life insurance pays a predefined sum to beneficiaries in the event of death and serves to financially protect family members or partners.

Life insurance provides financial protection for relatives or business partners in the event of death, with flexible payout options depending on needs.

Retirement planning helps you prepare financially for retirement by considering income, pension benefits and taxes at an early stage.

The surrender value is the amount paid out if a life insurance policy is cancelled early, depending on term, premiums and costs.

A tax return is a declaration of income and assets from the previous year used to calculate individual tax liability, with cantonal differences.

Tax liability applies to individuals with residence or tax domicile in Switzerland and determines which income and assets, including pension benefits, are taxable.

Vested benefits ensure that pension fund assets remain protected when changing jobs or during career breaks.

Endowment life insurance combines insurance protection with savings and pays out a fixed sum upon death or at contract maturity.

The death benefit is the amount paid to beneficiaries upon the insured person’s death.

A beneficiary is the person entitled to receive pension assets or insurance benefits in the event of a claim.

The sum insured is the fixed amount paid out by an insurance policy in the event of a claim.

A premium waiver ensures that no further premiums are due in the event of disability while maintaining full insurance coverage.

The degree of disability indicates the extent to which earning capacity is impaired and determines pension benefits.

The survival benefit applies when the insured person reaches the end of the contract term and receives the agreed payout.

An annuity insurance pays a regular pension after retirement, providing predictable income in old age.

A lump-sum withdrawal refers to the one-time payout of accumulated pension assets, subject to separate taxation.

Pension withdrawal is the regular payment of pension benefits as monthly or annual income.

Early withdrawal under the home ownership promotion scheme allows pension assets to be used to finance owner-occupied property.

Estate planning regulates how assets and pension benefits are distributed in the event of death, helping to reduce taxes and conflicts.

Inheritance preference allows specific individuals to be prioritised as recipients of pension or insurance benefits.

The OASI is Switzerland’s public pension system. It ensures a minimum income in retirement and provides financial support to surviving dependants.

Defines the rights and obligations between you and your insurer. Specifies covered benefits, exclusions, and conditions of payment.

Describes benefits or risks not covered by the insurance policy.

Regular amount paid for insurance coverage. Required to maintain protection.

Employer-based pension scheme that supplements state pension and secures standard of living.

Complements OASI, mandatory for employees above a certain income.

Defines which risks, damages, or costs are insured.

Switzerland’s pension system combines public, occupational, and private pensions.

Annual amount paid by insured before insurer covers costs.

Consult a designated doctor or medical hotline first; often reduces premiums.

Insurance model using a fixed network of doctors; usually lower premiums.

Supports permanently disabled persons with pensions and reintegration.

Policy can be changed or cancelled once per year.

Time between signing the policy and when benefits start.

Includes deductible and co-payment; your share of healthcare costs.

Occurs when certain risks are only partially insured, leading to potential costs.

Official insurance document with all contract details.

Monthly or annual payment for insurance, regardless of usage.

Additional premium for higher-risk individuals (pre-existing conditions, hazardous work).