Financial investments Build up capital, protect dependants

Life insurance companies are required by law to guarantee all liabilities arising from their customers' life insurance contracts. The Swiss Financial Market Supervisory Authority (FINMA) even guarantees payments when an insurance company goes bankrupt. Deposits at a bank are only legally protected up to CHF 100,000.

• In the event of death, the lump sum payment does not become part of the estate but  is paid to the beneficiaries directly and immediately.
• If heirs who are entitled by law to a portion sue for abatement, the beneficiaries of a policy are eligible for at minimum the difference between the lump sum payment and the surrender value.
• Beneficial ownership from the insurance remains in effect even if the eligible heir, spouse, registered partner, parent, grandparent, or sibling renounces the inheritance.

• If you have a tied pension policy, entitlement to insurance benefits can neither be pledged nor included in the bankrupt estate before the policy matures.
• If you have a life insurance policy as flexible pension provision and, as policyholder, bankruptcy proceedings are initiated or a loss certificate is issued against you, your life insurance is transferred automatically to your beneficiary spouse or registered partner, or to your eligible children.