Hospitalisation, an accident, or material damage to third-party property might turn out to be expensive. Students are not insured by the University. The following kinds of insurance are mandatory or recommended:
Health insurance and accident insurance
Everyone living in Switzerland for longer than three months is required to take out health insurance to cover their medical treatment in case of illness and accidents. If a foreign student can prove that they have equivalent insurance coverage in their home country, which covers their stay in Switzerland, the requirement to take out Swiss health insurance may be waived. Foreign students who are unable to provide proof of health insurance coverage have to take out mandatory basic health insurance coverage at their own expense from a Swiss insurer.
Furthermore, foreign students should check if their accident insurance is also valid in Switzerland.
Third-party liability insurance
Personal liability insurance offers coverage in case of third-party liability claims. Foreign students should inform themselves at their own insurance company as to whether their insurance coverage is sufficient if they break something which belongs to someone else or cause injury to someone. Personal liability insurance is not compulsory in Switzerland, but it is recommended (e.g. in the case of renting an apartment).