Insurances play a major role in Switzerland. Understanding them and finding the right one for you can be very challenging. In this blog, you will find out which insurance you need to cover at first as an expat.
Within the first three months of registration in Switzerland, you must have registered for health insurance. Health insurance varies with location, age, doctor model, etc. You will need the confirmation of a health insurance for the administration office to register your residence.
In all probability, you will be renting a place to reside in at the beginning. The majority of landlords ask for a private liability insurance in combination with a household insurance. This is an essential insurance as it covers damage to your household caused by natural forces, burglary, robbery or fire. Another benefit of this insurance is that it accepts the financial obligations for damages to third parties. Having this insurance is a big relief for the landlords and provides great security for you as a tenant.
With these three fundamental insurances you have fulfilled the mandatory part as an expat in Switzerland.
Now we move forward to insurances that need to be covered according to your individual needs.
Need-based insurances
There is a high possibility that you have your own vehicle in Switzerland. Therefore, I recommend to apply for a car insurance that suits the car with reference to how old or new it is, its value and usage. Again, insurance depends on many factors, but in my opinion, it is a necessity. Even if you don’t drive too much, having a liability insurance fares well. Let your policy be thoroughly checked by the expert to about running into surprises when it comes to accidents.
Switzerland is an expensive country, hence, I try my best to provide the most optimal and money saving insurances to my clients. I highly recommend you to have a suitable legal protection insurance, through which you can save many costs in an emergency.
In my six years of experience as an insurance broker, I have come across many people who immigrate to Switzerland and get insured in haste anywhere (there are around 100 insurance companies) without thinking about their own real needs accurately. Don’t be under the notion that insurances are general and can’t be adapted to your lifestyle.
Get your free consulting by simply contacting me, Ritesh Sood – Primea Group. Remember to tell us how you heard about us! We work with every insurance company directly and offer neutral consulting. Contact: sood@primeagroup.ch or 0763924852.
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Disclaimer: Namaste Switzerland does not undertake any financial/reputational/legal/misrepresentational impact or other obligations/liabilities that may arise from the content.
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