PROFESSIONAL LIABILITY, YOUR BUSINESS, COVERED.
Poor advice, a defective product, an accident on your site or on your premises: professional liability insurance covers the damage your business could cause to third parties.
THE RISKS OF YOUR TRADE, THE RIGHT PROTECTION.
Damage caused to third parties, professional errors or financial claims: discover the main guarantees of professional liability insurance in Switzerland to protect your business.
ACCIDENTS & INJURIES
Bodily injury
A client or visitor is injured because of a fault attributable to your business? Professional liability insurance can cover the financial consequences of bodily injury for which you are legally liable.
DAMAGE & DETERIORATION
Property damage
An employee accidentally damages a client's equipment or installations? Your business liability insurance can cover the costs of property damage caused to third parties in the course of your activity.
FINANCIAL LOSSES
Financial loss
Wrong advice, an omission or professional negligence can cause your client a financial loss, even without any property damage. Specific cover for pure economic loss can protect your business against these claims.
ASSESSMENT & DEFENCE
Defence against claims
When a third party claims compensation, the insurer examines your business's liability, defends your interests against unjustified claims and compensates the covered damage when you are found liable.
IS YOUR BUSINESS REALLY PROTECTED AGAINST THE RISKS OF ITS ACTIVITY?
Compulsory insurance, risks covered, sums insured and business liability: find answers to the key questions about professional liability insurance in Switzerland.
EVERYTHING YOU NEED TO KNOW ABOUT PROFESSIONAL LIABILITY INSURANCE IN SWITZERLAND
Is professional liability insurance compulsory in Switzerland?
Professional liability insurance is not compulsory for all businesses in Switzerland. However, some regulated professions, particularly in the medical, legal and financial fields, may be subject to specific requirements. Even when it is optional, professional liability insurance remains strongly recommended to protect your business.
What is the difference between professional liability and public liability insurance?
Public liability insurance mainly covers bodily injury and property damage caused to third parties in the course of the business's activity. Professional liability insurance can also cover the financial consequences of errors, omissions or negligence in providing professional services. The exact cover depends on your trade and the policy taken out.
How much cover should you choose for professional liability insurance?
The sum insured depends on your business sector, the nature of your services and the possible financial consequences of an error. Businesses may consider cover of CHF 1, 3 or 5 million, or even more depending on the risks and their clients' contractual requirements.
Does a sole proprietorship or a self-employed person need professional liability insurance?
Yes, professional liability insurance can be particularly important for a self-employed person. In a sole proprietorship, the owner is in principle liable for business debts with all of their personal assets. Suitable insurance limits the financial consequences of covered claims related to their activity.
Does professional liability insurance cover mistakes made by employees?
In principle, professional liability insurance can cover the business's liability for errors or negligence committed by its employees in the course of their duties. Cover nevertheless depends on the declared activity, the guarantees taken out and the exclusions set out in the policy.
Does professional liability insurance cover damage caused abroad?
Some professional liability policies can cover activities carried out abroad or claims from international clients. The territorial scope varies from policy to policy, sometimes with specific restrictions for the United States and Canada. It is therefore essential to check the geographical cover before working with foreign clients.