Don't Miss a Deadline: Your Termination Deadlines in Switzerland

Introduction

In Switzerland, it's important to keep an eye on termination deadlines. Missing a deadline can cost you CHF 1,000 a year, and often there’s no warning. Let’s take a look at the most important termination deadlines that can save you real money.

1️⃣ Health Insurance Basic Coverage

The deadline for terminating basic coverage is November 30. Note that this refers to the receipt at the health insurance company, not just the postmark. If you see the new premiums in October and then wait too long, you'll end up paying for a whole year.

2️⃣ Supplementary Insurance

For supplementary insurances, there is usually a deadline of 3 months before the end of the year, meaning until September 30. It’s important to only cancel once the new insurance has confirmed in writing. The supplementary insurance can refuse you, unlike the basic coverage.

3️⃣ Rental Apartment

If you want to terminate your rental apartment, you must do so at least 3 months in advance, according to local customary dates. The day the letter arrives at the landlord counts. Additionally, for family apartments, both partners must sign; otherwise, the termination is invalid.

4️⃣ Car, Household, and Liability Insurance

Here, too, there is a deadline of 3 months before expiration. Otherwise, the contract will automatically extend for another year. After the VVG revision, you can exit any contract after 3 contract years, regardless of what the contract states.

5️⃣ Subscriptions with Silent Renewal

This applies to mobile, fitness, streaming, and newspaper subscriptions. There’s no law protecting you here – only the contract. Check it out, note the deadline, and be done with it.

Recognizing the Pattern

An important pattern is: Almost everywhere, the receipt counts, not the postmark. And almost everywhere, forgetting costs a whole year.

My Tip for You

Take 20 minutes to review your contracts. Enter each deadline – minus a week buffer for postal delivery.

ELVIDA Makes It Easier

The ELVIDA platform automatically monitors such deadlines for you. This way, you can reduce bureaucracy and have more time for the beautiful things in life.

Conclusion

Termination deadlines in Switzerland are crucial for saving money. Don’t miss the chance to terminate your contracts on time and avoid unnecessary costs. With ELVIDA, you have a partner that helps you stay on top of things and reminds you in time.

Stay organized and avoid nasty surprises – it’s worth it!