.png)
.png)
.png)
.png)
.png)
.png)
.png)
Obligatory
vs.
Voluntary
Insurance in Switzerland can be divided into two main categories: mandatory and voluntary insurance. Not sure which types of insurance belong to which category? The wefox guide helps you find the right answers.
Obligatory insurances in Switzerland
In Switzerland, there are certain types of insurance that are mandatory for everyone. They reliably protect you against financial risks in everyday life, in case of illness, accidents or in old age. These insurance policies are compulsory for all residents in Switzerland:
.png)
Health Insurance
Definition:
Health insurance in Switzerland is mandatory if you live in the country. It covers costs for doctor visits, hospital stays, medications, and other medical services, providing financial protection when you are ill or need medical care.
.png)
Car Insurance
Definition:
Car insurance is mandatory for all vehicle owners in Switzerland. Liability insurance covers damage you cause to others in traffic. Optional partial or comprehensive coverage protects your own vehicle and ensures financial security after an accident.
.png)
Accident Insurance
Definition:
Accident insurance (UVG) covers work-related and leisure accidents as well as occupational diseases. It pays for medical treatment, daily allowances, disability pensions, and survivor benefits. Employees are automatically insured.
.png)
Special Case: Building Insurance
Definition:
Household insurance in Switzerland is voluntary in most cantons but mandatory in some. It protects your personal belongings against damage caused by fire, water, theft, or natural hazards, securing your home financially.
Voluntary Insurances in Switzerland
In addition to mandatory insurance, you can improve your protection with voluntary insurance policies. They help cover unexpected costs, protect your property and provide financial security for you and your family — tailored to your individual needs.
.png)
Life Insurance
Definition:
Life insurance in Switzerland protects your family or dependents in the event of death or serious illness. It can also be used to secure loans and protect against unexpected financial burdens.
.png)
Legal Expenses Insurance
Definition:
Legal expenses insurance covers the costs of lawyers, court proceedings, and legal advice. It protects you in legal disputes and helps avoid high financial risks from legal proceedings.
Pet Insurance
Definition:
With pet or pet health insurance, you protect your pet against high veterinary costs due to illness or accidents, ensuring optimal medical care without financial stress.
Read more
.png)
Business Insurance
Definition:
Business insurance protects your company against financial losses caused by damage, liability claims, business interruption, or theft. Depending on the industry, it may be mandatory or strongly recommended.