Finance and Insurance in Switzerland

Are you satisfied with your current insurance provider? Health insurance in Switzerland is mandatory and there are many choices available for the health insurance providers. But does your health insurance is providing you enough satisfaction in terms of services? Here is the recent survey of the health insurance companies showing how many percents of the customers are satisfied with the services provided by their insurance companies. Without proper knowledge, health insurance can be expensive and depend on your age and canton of residence, few francs can take you from low satisfactory insurance to high satisfactory insurance company.  For more details and to rectify your queries about changing your insurance, please contact: Maciej.jasiczak@swisslife-select.ch    Mob: +41 79 319 68 03

Personal liability insurance Just imagine a scenario where you unintentionally spill coffee over the laptop of your colleague or if your child broke a window of your neighbor. Many of such events can occur unintentionally or intentionally and can occur in personal liability. This is why it is important to insure against such events through the personal liability insurance. Personal liability occurs when you or a person, animal or property you are responsible for causes loss or damage to a third party. In that situation, you have the obligation to compensate another person. Liability insurance is not mandatory but highly recommended because anyone can be held liable to the extent not only of their total assets but also their current and future income. When do you incur liability?   Some other examples when you can incur personal liability are: - if you break your colleague’s glasses; - if your dog attacks someone in the street and rips their brand-ne...

Driving Insurance   In Switzerland driving on public roads requires you to have third party insurance. This article will briefly describe the know-how about the driving insurance. Any motor vehicle driven on public highways must be covered by third party liability insurance. What this insurance cover? This covers the vehicle owner and persons for whom the owner is responsible under the Road Traffic Act in the event of damage caused to third parties, i.e. any driver of the insured vehicle who causes the damage through negligence, and any persons assisting the driver who has also acted negligently. This scenario may arise, for example, if the driver requests a person to guide him/her out of a blind exit. What is not covered by this insurance? Damage to your own vehicle is not covered by third party insurance. You can take out an additional policy to cover your own vehicle. Maciej.jasiczak@swisslife-select.ch    Mob: +41 79 319 68 03 https://www...

Health Insurance in Switzerland Health insurance in Switzerland is mandatory and without proper knowledge can be expensive too. This is especially true for the expatriates who do not have enough knowledge of the Swiss health insurance market. Basic health insurance is mandatory for people who are living in Switzerland for more than three months. The insurance provider can be chosen as per one’s convenience. How much will be health insurance premium? The premium of the insurance depends on the place of residence, age and the deductible. The deductible is the amount that you pay for your treatment every year and after this amount insurance company starts to pay out. If someone wants to have lower premium then he can opt for the higher deductible. How to change deductible and insurer? If someone wants to change the deductible for one year he can do that at the end of the year. The same rule applies for changing insurance provider. Usually, insurance companies wr...