Safeguard your health insurance premium – in case your salary stops coming.
The health insurer's premium arrives every month, even when your salary does not. The premium instalment insurance covers your insured premium instalment if you become unemployed through no fault of your own or fully incapable of working and your net salary falls by at least 10 % as a result. For employees resident in Switzerland – cancellable monthly.
When the insurance pays out
Two cases are covered – in both, what counts is how far your net salary falls as a result.
- Involuntary unemployment.
- 100% incapacity for work due to illness or accident.
- In both cases, your take-home pay must fall by at least 10% as a result.
The extent and the duration of the benefits are set out in the policy terms. We go through them with you before you sign up – so that you know what you are buying.
What you can insure
You decide the monthly premium instalment that is to be covered when a claim arises.
- Your health insurance premiums are covered — basic insurance (KVG) and supplementary insurance (VVG).
- The premiums of your children under 18 living in the same household may also be included.
- You must be employed and resident in Switzerland.
- While benefits are being paid, you also do not pay the premium for this cover.
- The contract can be cancelled monthly.
A monthly premium instalment between CHF 100.– and CHF 4’000.– can be insured.
What it costs
The premium is 6.6 % of the insured premium instalment sum. An example:
| Sample calculation | Amount |
|---|---|
| Insured monthly premium | CHF 400.– |
| Premium rate | 6.6 % |
| Your premium per month | CHF 26.40 |
What counts is the quote you receive from us – it is based on your actual premium instalment.
What you get out of it
- You continue to meet your regular financial commitments.
- Greater certainty when planning your budget.
- Greater peace of mind in the event of unemployment, illness or accident.
Frequently asked questions about premium instalment insurance
Who can take out payment protection insurance?
People in employment who are resident in Switzerland.
When does the insurance pay out?
In the event of involuntary unemployment and of 100 % incapacity for work due to illness or accident – provided that your net salary paid out falls by at least 10 % as a result.
How much does the cover cost?
The premium rate is 6.6 % of the insured premium instalment sum. With an insured monthly premium of CHF 400.–, that comes to CHF 26.40 per month.
How long am I committed for?
Not long at all – the contract can be cancelled monthly.
Are my children covered too?
The premiums of minor children in the same household can be included in the insured premium instalment. We work out with you what that comes to in your case.
What if I am already ill?
We look at that together before you sign up. What an existing illness or an ongoing incapacity for work means for your contract is governed by the policy terms – we go through them with you before you sign.
Provider and advice
The premium instalment insurance is offered by Simpego, a partner of VFR. The advice and the application go through us: we look at whether the cover suits your situation, calculate your premium instalment and go through the terms with you before you sign.
