Group daily sickness benefits insurance

Group daily sickness benefits insurance

Employees that are sick or on maternity leave will continue to receive their salary for a certain amount of time, despite not being at work, according to law. Zurich group daily sickness benefits insurance insures your business against financial losses resulting from this obligation to continue salary payments.

Why should you get group daily sickness benefits insurance?

  • Group daily sickness benefits insurance relieves you of your obligation to continue salary payments
  • This type of insurance ensures that there is no gap in coverage until IV disability or BVG benefits kick in
  • Zurich's and swissdec's electronic salary declarations let you report salary data directly to Zurich – no need to fill out declaration forms
  • As a Zurich client, you can take advantage of Orion’s free telephone advice on labor law.
1,300 *
Premium in CHF
50,000
average payroll in CHF
1-9
numero di dipendenti

* This value is a calculation based on data at Zurich and is therefor indicative, without contractual or official validity.

What does Group daily sickness benefits insurance cover?

Covered amount:

You select the coverage amount at between 80% and 100% of the AHV salary, up to a maximum CHF 300,000 per person per year.

Coverage period:

Daily sickness benefits are either paid out for a period of 730 days minus the waiting period (coordinated with BVG) or for 720 within 900 days (imposed by most collective labor agreements).

Special coverages:

The insurance covers the statutory obligation to continue salary payments of 80% of AHV pay for 14 weeks (98 days) of maternity leave (maximum CHF 196 per day; allowable maximum earnings of CHF 88,200).

Frequently asked questions about Group Daily Sickness Benefits Insurance

Is this insurance mandatory?

No but it is strongly recommended, as the length of time you have to continue paying a salary depends on how long the employee in question has been with your company. An employee in their first year is entitled to 21 days of continuing salary payments in accordance with the Bern Scale. This period extends every year thereafter. After 14 years of service, this period is 150 days, which could put considerable financial strain on your business if uninsured.

Who has to pay the premium?

Insurance premiums can be split between employer and employee. Depending on the distribution key selected, you may be exempt from the statutory obligation to continue salary payments.

How can I influence the premium of my insurance?

You select the coverage amount at between 80% and 100% of AHV salary, up to a maximum CHF 300,000 per year per person.

You can also influence the amount of your insurance premium by selecting a waiting period of 7, 14, 30 or 60 days.

Our advisory service

Your obligation to continue salary payments can end up costing. Protect yourself now - we would be glad to advise you.