An employee is generally covered in case of absence from work. For a self-employed person, nothing is automatic: without a suitable contract, income stops quickly.
What social insurance provides
Disability insurance (AI/IV) only steps in after a long period of incapacity and its benefits do not replace a self-employed income. There is no mandatory daily sickness allowance for the self-employed.
Daily sickness allowance
It is taken out on a voluntary basis, generally under the Insurance Contract Act (VVG/LCA). The waiting period (30, 60, 90 days or more) strongly influences the premium: the longer it is, the lower the premium, but the more reserves you need to get through.
Accidents
Self-employed people are not compulsorily insured against accidents under the UVG/LAA; voluntary insurance is possible and recommended.
Points to check
- the insured income, which should reflect your real income;
- the waiting period and the maximum benefit period;
- exclusions and health reservations;
- coordination with your 2nd and 3rd pillars.
We can help you quantify your protection needs: discover our pension planning approach.
General information only, not personalised advice. Rules and deadlines can change: please check them against your own situation.