You can be insured if, when you take out the insurance, you
- are at least 18 and under 65 years old,
- are named as the first person under "Borrower" in the loan contract,
- live in Switzerland,
- are employed in Switzerland on a permanent contract that has not been terminated, working at least 15 hours a week for the same employer, and
- are not aware of any upcoming termination of your employment.
This means part-time employees are insured if they work at least 15 hours a week. Among other things, illnesses and consequences of accidents that were known when the insurance was taken out, seasonal and partial unemployment and certain high-risk sports are not insured.
All conditions and exclusions are set out in the General Insurance Conditions (GIC).