Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
I'm new in Switzerland and met with an insurance agent about getting the required health insurance. He told me that I should sign up for a 3-year contract for the extra health insurance to get the full benefit. Would you recommend getting a long-term health insurance contract?
Hi there,
Insurance policies can be taken out in terms of 1 year. You are under no obligation to get insurance with a longer term, and doing so is generally a bad idea in the case of compulsory health insurance because premiums change annually.
Keeping a short insurance term allows you to compare and switch to a cheaper compulsory health insurance at the end of the year if you choose to.
Longer terms can make sense in the case of supplementary health insurance because policies have qualifying periods (1 year, for example) before you can take advantage of certain benefits. This is often the case with regards to dental benefits and maternity benefits.
Best regards from Moneyguru
More on this topic:
Compulsory health insurance comparison
Supplementary health insurance comparison
Cheap bank accounts with card
Cheap bank accounts with card
Bank WIR Bankpaket Top
Free account & card
No exchange fees for foreign payments (interbank exchange rates)
24 ATM withdrawals worldwide per year free of charge
Radicant
High interest on your everyday account
Best exchange rates
Up to 1% of card spending as saveback in the investment portfolio
Yuh
No account fees
Banking partner: Swissquote & Postfinance
CHF 20 trading credit with code «YUHMONEYLAND»
Alpian
CHF 100 welcome bonus
Favorable foreign exchange rates
Multi-currency account with Visa card (CHF, EUR, USD, GBP)
UBS key4
50 KeyClub points as a welcome gift
Online private account with debit card
Deal of the Day 
Swiss Bank
Bank WIR Bankpaket Top
Free account & card
