Insuring, saving and investing for your children's future
23 January 2026 | Comment(s) |
Martin Kamber
Insurance, savings and investment: this formula applies not only to your own retirement provision, but also to that of your children. With VariaInvest Kids, Groupe Mutuel's flexible savings solution for children, you can ensure your children's financial security and give them the financial freedom they need to make their dreams come true. the year when it comes to pension plans.
Young parents do not compromise when it comes to security. They want not only to protect their children, but also to ensure their financial security for the future. After all, there will soon be some important milestones to reach that could prove costly: perhaps studies, a trip or any other major project that is important to them. But the question always remains: "What if something happens to me?"
Saving for your children has two advantages
People in this situation inevitably turn to savings insurance to find the solution that suits them best. Savings and insurance: a winning combination! With savings insurance, you not only build up capital, but also protect your loved ones.
Savings insurance for children is particularly advantageous. The capital accumulated can be used for projects requiring significant expenditure, and there is no shortage of these, especially when you are young. At the same time, the financial future of children can also be secured in case something happens to their parents.
VariaInvest Kids: innovative provision for children and families
The principle behind VariaInvest Kids, Groupe Mutuel's new savings insurance, is simple: an adult – usually the mother or father – takes out insurance for themselves and their child. In the event of the adult's death or incapacity to earn an income, Groupe Mutuel will take over the payment of premiums.
VariaInvest Kids can be taken out from the third month of pregnancy, but no later than the child's 15th birthday. All you need to do is fill in a medical questionnaire with information about the co-insured adult. You then save using a "hybrid" method.
VariaInvest Kids offers five attractive investment plans, which can be flexibly modified at a later date and are distinguished by their respective combination of guaranteed investments and investments in funds offering attractive return prospects. Savings and insurance are therefore supplemented by an investment based on an individual risk profile. The magic formula is complete!
Depositing money for children in the form of a savings account has therefore had its day. The future belongs to insurance with a personalised combination of guaranteed savings and income from investment funds.
An example
Sophie, a single mother, takes out VariaInvest Kids for herself and her five-year-old son Marco. After a satisfactory health check, Sophie begins paying the minimum monthly savings premium of CHF 100. She opts for a balanced investment plan, in which 60% of the savings are placed in investment funds. Due to a serious illness, Sophie finds herself unable to work at the time Marco turns 20 and begins studying biology.
Based on historical market data and expected average returns, Sophie has generated a guaranteed savings component of CHF 8,309 for Marco to date, as well as a savings component invested in investment funds of CHF 20,822, plus a surplus participation of CHF 1,623. In total, Sophie therefore offers her son Marco CHF 6,754 (benefits of CHF 30,754 for total premiums of CHF 24,000).
Children's savings plans and taxation in Switzerland
For Sophie and, in certain circumstances, for Marco too, the VariaInvest Kids solution is also very attractive from a tax perspective. Depending on the canton, the premiums paid can be deducted in full or in part from taxable income. Other tax advantages apply upon maturity or withdrawal from the contract, and in the event of death, beneficiaries are generally exempt from inheritance tax.
The advantages at a glance
- Guaranteed savings:
at the end of the contract term, you have a guaranteed capital amount. - A boost thanks to financial market returns:
by investing in investment funds, you benefit from the opportunities offered by the financial markets. - Maximum flexibility:
thanks to freedom of choice and the option to modify your investment plan and investment funds. - Safety first:
in the event of the insured person's death or incapacity to work, Groupe Mutuel will take over the payment of premiums - Tax advantage:
VariaInvest Kids is an optional pension plan (pillar 3b); depending on cantonal regulations, premiums or benefits paid are therefore deductible from income tax or tax-exempt.
Good to know
- Is VariaInvest Kids a savings account, a fund or an insurance policy?
It is a pension instrument (pillar 3b) that combines the following three elements: in addition to a defined savings target, the assets are supplemented by income from investment funds, while the payment of premiums in the event of death or incapacity for work is considered an insurance benefit. - How old must the child be when the account is opened?
The application can be made at the earliest after the third month of pregnancy and up to the age of 15. - What conditions must be met?
The co-insured adult must undergo a medical examination and be at least 18 years old at the start of the insurance. - How long is the contract term?
VariaInvest Kids begins at the earliest upon the child's birth and ends at the earliest after 10 years or at the latest at the age of 25. The contract term is therefore a minimum of 10 years and a maximum of 25 years. - How much is the premium?
The minimum savings premium is CHF 100 per month. - How is the income taxed?
VariaInvest Kids is an optional private pension solution (pillar 3b). Depending on the canton, premiums are deductible from income tax and benefits paid are tax-exempt.
