Social insurance

Switzerland’s social welfare and pension system combines and coordinates state, company and personal pensions. These include

  • The Old Age and Survivors Insurance (AHV)
  • The Invalidity Insurance (IV)
  • Accident insurance
  • Health insurance and daily indemnities for sickness
  • Compensation for loss of earnings and maternity benefits
  • Unemployment Insurance (ALV)
  • Occupational pensions
  • Family allowances

Non-mandatory insurance

In Switzerland, more money is spent on insurances than in any other nation in the world. Examples of non-mandatory insurances are private liability insurance and household contents insurance.