A daily allowance insurance protects your employees against loss of salary in case of sickness or maternity.

It enables you to budget for costs related to the risk of sickness and provides many other benefits.

For the employer, the prolonged absence of an employee attracts direct costs (the absent employee’s salary etc.) and indirect costs (training of a replacement etc.), which can be considerable and unforeseeable.

In case of the absence of one of your employees through sickness, you are bound to pay his/her salary according to the provisions of the Civil Code (Bernese scale, for example). Then, in most cases your employee finds him/herself without income up until the AI or LPP takes over. Several months can elapse without the payment of a salary.

Thanks to insurance for daily allowance in case of sickness, your employees enjoy the protection of their income. Their salary is effectively paid (or topped up) until the AI or LAA payments start. By the same token, this important social benefit reinforces their loyalty towards your company.

Daily allowance insurance guarantees you a number of other benefits

• Risk transferred to the insurer and able to be budgeted in the general costs, and no social insurance contribution made in the case of employee absence
• Compliance with any possible collective trade union agreements

The MyProject specialists will advise you on the most suitable insurance solution for your needs and will answer all your questions about your daily allowance insurance in case of sickness.