In cases of long-term incapacity to work, sensitive coverage gaps may develop between the limited continuation of wage payment by the employer and the beginning of the payment of disability insurance (IV/AI) or from the occupational pension fund (BVG/LPP) Daily allowance insurance for small e enterprises with up to five employees provides comprehensive protection from financial risks for both sides.
Daily Allowance Insurance for Small Enterprises
| Type of insurance | Percentage Daily Allowance Insurance The allowance is set as a percentage of the AHV/AVS annual salary. |
|---|---|
| Insurable risks | Illness, accident |
| Amount of insurance benefits | 80 % of the wages that are subject to AHV/AVS contributions for employees 80 % of the stipulated salary for the proprietor of the business as well as family members employed within |
| Waiting period | Freedom to choose from waiting periods of 14, 30, 60, or 90 days |
| Duration of benefits | 730 days minus the waiting time |
| End of insurance | Upon reaching the age to receive Old-age and Survivors' Insurance benefits (AHV/AVS) |
| Right of transfer into the individual insurance | Transferring to individual insurance is possible within 3 months after leaving a collective insurance plan. |
This is what Daily Allowance Insurance offers:
- Security for employers and employees
- Calculable risks in case of a duty to continue paying wages
- No income gaps for the employees in the event of illness
- Freely selectable waiting period
- Payout of benefits beginning at an incapacity to work of 25 %
- Cost-saving case management – rapid return to the workplace
- Professional consultation provided on-site by personal customer advisor
- Easy electronic notification of injuries and billing
Brochure
Regulations
Contact
CONCORDIA
Bundesplatz 15
6002 Lucerne
Phone 041 228 01 11
www.concordia.ch
info@concordia.ch