If you require care over an extended period of time, compulsory basic insurance coves only part of the costs. The rest – such as expensive accommodation and meals in a care home or a household help in your own home – must be paid for out of your own pocket. It's at times like these that CURA Long-term Care Insurance steps in. Thanks to the allowances paid towards the uncovered costs, you can protect your savings in the event that you require care.
- What benefits are covered?
- For whom is this insurance recommended?
- Good to know
- Why do I need long-term care insurance?
What benefits are covered?
Long-term careAgreed daily allowances
Where the need for care is proven, you will receive up to the insured daily allowance to meet those costs not covered by basic health insurance for a medically prescribed household help or for the cost of accommodation and meals in a nursing home as soon as the waiting period expires.
- You receive healthcare benefits from the basic health insurance of more than an average 60 minutes per day.
- You receive healthcare benefits (inpatient and outpatient including household help) from a service provider recognised under the Health Insurance Act (KVG).
- You receive your inpatient treatment in a recognised facility (e.g. care home) in Switzerland.
- You can produce clear evidence of the uncovered costs for household help or accommodation and meals in a nursing home.
For whom is this insurance recommended?
- Security-conscious people over the age of 50 who would like to protect their finances and also ease the financial strain on their heirs.
- People who attach particular importance to comfort and privacy in their care home.
Good to know
Who can take out this policy?
You can take out this policy if you meet the following conditions:
- You are officially resident in Switzerland.
- You are under the age of 70 at inception of the policy.
- We accept your application. For the purposes of risk assessment, we require you to fill in a health declaration.
How long does the policy run?
- The minimum term is one year.
- The contract is automatically renewed each year on the expiry date for a further year.
- You can terminate the policy as of 31 December of any given year. There is a notice period of three months.
- If there are changes in premiums, a shortened notice period of one month applies.
Is there a waiting period?
"Waiting period" specifies the number of days you have to wait after meeting the benefit conditions before you can receive benefits from CURA. You will find the exact conditions in the description of insured benefits.
- The waiting period selected when concluding the contract applies to this insurance policy. If, for example, you have decided on 180 days, you will be paid the first daily allowance after having received care services for six months from basic insurance (at least 60 minutes a day).
Why do I need long-term care insurance?
If you require care in your old age, in the event of chronic illness or following an accident, compulsory basic insurance only contributes towards part of the health care costs. In the event that you need care, you must bear the uncovered costs yourself, such as accommodation and meals in a care home.
If you require household help or nursing in a care home, you may have to dip into your own savings. Care homes are expensive and can quickly consume all the money you have saved up over the years. Sometimes, even other members of your family are required to contribute to the care costs.
This makes it crucial to take out long-term care insurance in good time to protect your assets and your family's money more effectively.