In Switzerland, there are various types of insurance that are mandatory. For example:

• Liability insurance for motor vehicles: Every car owner must taken out liability insurance. It covers the costs of damage caused by your car.
• Health insurance: Every resident in Switzerland must have health insurance (basic insurance). It covers the costs of medical treatments and medication. There are various models you can choose from. It’s worth comparing the offers of different health insurers in order to find the right one for you. 
• Military insurance: Every Swiss citizen who serves in the military is automatically insured by military insurance. It covers the costs of accidents and illness during military service.
• Mandatory accident insurance (AIA/UVG): Employers have to take out accident insurance for their employees. Accident insurance covers the costs of accidents that happen during work or on the way to work.
• Occupational benefits insurance (OPA/BVG): Employers have to take out occupational benefits insurance for their employees. It covers the financial consequences of disability, death, or retirement.

In Switzerland, children under the age of 18 are co-insured under their parents’ health insurance. After that, they can be covered by their parents’ insurance until the age of 25 provided they are completing a vocational training/education program or a comparable activity. This also applies to children who take a break between two training/education programs or complete an education/training program abroad.

If the child is still in the program or comparable activity after the age of 25, then they can stay co-insured under their parent’s insurance if they don’t have their own health insurance. However, in this case, the parents have to pay a higher contribution.

Good to know:  While all basic insurance policies in Switzerland have the same benefits, their premiums differ. With the “Terminating and switching basic insurance” service, you choose your new basic insurance quickly and easily. 

AXA’s supplementary insurance modules: In the outpatient segment, the supplementary insurance contributes to the costs of glasses and contact lenses, gym memberships, and complementary medicine. With inpatient hospital benefits, you can choose between general, semi-private, and private coverage. We offer you additional protection for your teeth, for when you are traveling, or in the case of hospital stays, disability, or death.

It is important to note that the exact rules may vary depending on the health insurance and your individual situation. If you have any questions on your individual insurance situation, we’ll be happy to help: Request a consultation now!

For household insurance (household contents plus personal liability), the principal generally applies that all persons recorded in the policy who live in the same household are insured. And this is true regardless of their age. However, a separate insurance policy can be created for adult children if the parents request it. In this case, they can benefit from a youth discount up to the age of 25. We would be happy to answer any questions you have on our offers: Request a consultation now!

Every roommate in a shared apartment can theoretically take out an individually policy for their possessions (household contents insurance). However, it is less expensive if all roommates of the shared apartment have a joint policy – multi-person insurance.

The disadvantage of this type of insurance is that, as a rule, all persons are required to live in the same household and are listed by name. In most shared apartments, there is often frequent change in roommates, which can lead to a lot of time and effort to delete names and add new ones.

The rental guarantee that is most accepted in Switzerland is rental guarantee insurance. This guarantees the same security as a custody account at a bank and has the advantage that it is faster and more straightforward. For an annual fee, landlords can receive the guarantee and your money stays available.

Here’s what you get with rental guarantee insurance from AXA:

• Your money is available to you whenever you want it
• Full security without a security deposit
• The most accepted form of rental guarantee in Switzerland
• You can cancel your AXA rental guarantee insurance at any time
• Your landlord receives the rental guarantee surety within three to five business days

In order for AXA to stand surety for you, you must have personal liability insurance.This insurance already covers many types of damage that can occur in a rented apartment and is thus generally very useful for tenants.