Compulsory insurance

Certain types of insurance are compulsory in Switzerland. Apart from national insurance contributions deducted at source (pension scheme and unemployment insurance see section "National insurance" under "Working"), the following insurance is compulsory for every resident of Switzerland:

  • Basic health insurance
  • Accident insurance
  • If you own a vehicle: motor vehicle insurance, motor cycle insurance and bicycle insurance
  • If you own a building: building insurance
  • Fire insurance (www.eca-vaud.ch)

Other forms of insurance are not compulsory, but still considered necessary if you want to enjoy good coverage:

  • Supplementary health insurance
  • Personal liability insurance (damage to third party property, often required by estate agents and rental agencies when renting an apartment or house)
  • Contents insurance (often required by estate agents and rental agencies when renting an apartment or house)
  • Income replacement insurance
  • Legal protection insurance
  • Life insurance
  • Insurance of valuables

All these types of insurance are offered by numerous insurers operating in Switzerland. The independent site www.comparis.ch provides information, comparisons and the chance to take out insurance online, in several languages. See also the website www.c-primes.ch

Advice

When you transfer to Switzerland, take all your insurance policies as well as emergency contact numbers with you. Find out in advance if they provide international cover or not, as this is not necessarily the case.