Employers and companies are legally obliged to insure their employees against accidents. Compulsory accident insurance (UVG) covers the costs of occupational and non-occupational accidents and occupational diseases. In Switzerland, the benefits payable under mandatory accident insurance (LAA) are laid down by Law. They cover medical expenses, hospital stays in a general ward and 80% of lost earnings (up to a maximum insured salary of CHF 148,200). With supplemental accident insurance (LAAC), you can add complementary benefits to the ones required by law and adapt them to your needs.
Loss of earnings following Sickness insurance
Many employers take out insurance for loss of earnings following Sickness (daily allowance during illness) to be able to keep paying their employees 80% of the salary during prolonged absences caused by illness. Employers pay for at least 50% of the premiums. Wage continuation applies for the duration of the employee’s inability to work, but no longer than 720 days within 900 consecutive days