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An accident often happens unexpectedly and can quickly have financial consequences. In addition to medical costs, one key question arises: What happens to your income if you are unable to work? This is exactly where accident daily allowance insurance comes into play.

What is accident daily allowance insurance?

Accident daily allowance insurance secures your income if you are unable to work due to an accident. It complements the mandatory accident insurance and helps you avoid income gaps.

In Switzerland, as an employee, you are automatically insured through your employer under the Accident Insurance Act (UVG).

What do you receive in case of an incident?

After an accident, you receive a daily allowance from the third day, usually amounting to 80 percent of your insured salary. This is paid for as long as you are unable to work.

Important to know:

• The daily allowance is limited to a maximum insured salary
• The first two days are usually not covered
• 80 percent is often not enough to cover all ongoing expenses

This can quickly lead to financial gaps.

When does additional insurance make sense?

Additional accident daily allowance insurance can be useful if you:

• earn more than the UVG maximum
• are self-employed
• want to insure 90–100% of your income
• want no or a shorter waiting period

Especially if you are self-employed, you do not have automatic coverage and should actively insure yourself.

Difference to daily sickness benefits insurance

Accident daily allowance insurance only covers accidents. Illnesses are excluded.

For income loss due to illness, you need separate daily sickness benefits insurance. Together, both ensure comprehensive income protection.

Conclusion

Accident daily allowance insurance is an important part of your financial security. The mandatory solution provides a good foundation, but it is not sufficient in every situation.

It is worth reviewing your personal situation and ensuring that you are adequately protected in case of an emergency.