A daily allowance insurance protects your employees against a loss of earnings in the event of illness. It enables you to budgetize the costs arising from the risk of illness and gives many other benefits besides.

Consequences of absence because of illness

For the employer, the extended absence of an employee generates both direct (salary of the absent employee etc.) and indirect costs (training a substitute etc.); these costs are substantial and impossible to predict.

In the event of absence of one of your staff members because of an illness, you are required to pay his salary pursuant to the Swiss Civil Code (e.g. Bern Scale). Your employee will then often find himself with no source of income until AI/IV or LPP/BVG takes over. No salary may therefore be paid for several months.

Benefits of the daily allowance insurance

Daily allowance insurance in case of illness gives your staff members the benefit of income protection. Their salary is in fact paid (or supplemented) until they begin to draw an AI/IV or LPP/BVG pension. At the same occasion, this major social benefit strengthens their loyalty to your company.

The daily allowance insurance gives you many other advantages:

• risk transferred to the insurer so that it can be budgeted under the heading of overheads;
• no contribution to social insurance plans when an employee is absent;
• compliance with the terms of any collective employment agreements.

Would you like more information? Determine your customised coverage.

Benefit from high added value services!

• CorporateCare (in french): Control costs generated by absences with the help of our specialists.
• Extranet (in french): Reduce your administrative costs by online claims management.