The Biggest Financial Protection Gap Facing Many Swiss Families

What would happen to your family if your income suddenly disappeared?

Many people assume that their loved ones would be sufficiently protected in the event of their death. They may already have life insurance in place, or their second mortgage may be covered by a death benefit policy.From a comprehensive financial planning perspective, however, this is often not enough. A mortgage represents only one part of a family’s financial obligations. Ongoing living expenses, childcare, education costs, existing loans and the long-term loss of income must also be taken into account. Our analyses show that these factors are frequently underestimated.

An average shortfall of approximately CHF 500,000

Over the past six years, Caveo has carried out numerous financial and pension planning analyses. One pattern consistently emerges: On average, our clients are underinsured by approximately CHF 500,000 in death benefit coverage. In a worst-case scenario, this gap can have serious financial consequences. Families with children, unmarried couples, homeowners, entrepreneurs and business owners are particularly exposed.

Developed together with PAX

Based on these findings, we have developed an exclusive group tariff in partnership with PAX. The solution has been designed specifically for Caveo app users and can be completed entirely digitally. For non-smokers aged 30 to 45, it is the most affordable death benefit insurance tariff in Switzerland.

Key benefits

• Exclusive group tariff for Caveo app users

• The most affordable tariff in Switzerland for non-smokers aged 30 to 45

• Coverage of up to CHF 600,000

• Only four health-related questions

• Application completed in less than five minutes

• Can be cancelled annually

• Beneficiaries can be changed at any time

• The policy is available directly in the Caveo app

Who should consider death benefit insurance?

Death benefit insurance is particularly relevant for:

• Families with children

• Unmarried couples

• Sole or primary income earners

• Homeowners

• Entrepreneurs and business owners

• Startup founders and business partners

• Individuals with loans or guarantees

• Blended families

• Anyone with substantial long-term financial obligations

Financial planning also means protecting what matters most

Sound financial planning is not limited to building wealth, optimising taxes and preparing for retirement. It must also consider the financial consequences a death could have for a family or a business. The decisive question is therefore not whether insurance already exists. It is whether the available coverage reflects the actual financial need. With the new Caveo death benefit insurance, we offer a simple, flexible and highly competitive solution designed to close this protection gap.