Security - and profits beside
Article Abstract:
Life insurance policies linked with investment funds are gaining wider acceptance in Switzerland despite the imposition of a new stamp tax. Factors such as the financial difficulties of state pension systems, tax benefits and the potential to earn long-term profits with a minimum of risks have spurred the growth of these life assurance policies. Switzerland requires the insurance policies should mature only after ten years and the money should be paid only after the insured reaches the age of 60. Policy holders must comply with these conditions so that no taxes would be imposed on their earnings.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1998
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Meeting the lawyer's bill
Article Abstract:
The legal insurance industry in Switzerland is fast expanding. This phenomenon is due to citizens and travelers' growing awareness of the handiness of this insurance in saving them from travel hassles. For instance, a deceptively advertised tourist package with substandard accommodations may be compensated for using legal insurance. It may also save travelers from the added cost and trouble of resolving lawsuits over vehicular accidents.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1998
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Insuring for life on the road
Article Abstract:
Mobile employees of multinational corporations have special insurance needs. They want insurance benefits that offer coverage for job-related risks that may result in sickness disability or death. They also look for benefits that would enable them to enjoy their retirement years. Swiss Life is one company that offers insurance products that are tailored to the requirements of third-country nationals and long-term expatriates.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1996
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