Cyber insurance for private individuals in Switzerland
Protection against cybercrime: cyber insurance for individuals
Cybercrime affects us all. The digital world is becoming a major part of our lives, from online banking to social media platforms; however, the more we use these services, the greater the risk of us falling victim to a cyberattack.
Hackers don’t only target large international corporations and government agencies; in fact, they’re increasingly focusing on individuals. The dramatic increase in reported cases of cybercrime is alarming.
Cyber insurance for individuals
Cyber insurance covers various types of loss and damage related to the use of computers and the Internet. Here are the main components of a typical cyber insurance policy:
Protection against data loss due to cybercrime or viruses: Cyber insurance covers the costs of removing malware such as trojans, viruses and worms. The restoration and transfer of your personal data from previous backups and the reinstallation of your operating system by qualified IT experts are also covered.
In case of everyday mishaps: You never know when you might spill something on your laptop or drop your smartphone and find it impossible to restart your device. In such cases, cyber insurance covers attempted data recovery using backup files.
Personal injury due to cyberbullying: Cyber insurance covers legal assistance for having offensive content removed from online platforms. Counselling is also included if you fall victim to cyberbullying, and you’re protected from costs resulting from any fraudulent orders made in your name.
Legal protection in case of abusive online transactions: A cyber insurance policy will ensure you receive assistance if your credit card details are stolen and misused, including support in negotiations with your credit card provider and reimbursement in the event of financial loss or damage. If you make an advance payment for a product which is ultimately never delivered and you’re unable to contact the fraudulent provider, you’ll also be covered for any losses incurred.
Legal disputes due to copyright infringement: if someone illegally uses one of your images without your consent, the costs of the resulting legal disputes will be covered by your cyber insurance policy.
Supplementary cyber insurance modules
IT assistance: experienced IT experts will assist you via telephone or remote access if you’re having problems with your laptop, printer or smartphone.
Protection of your digital identity: ID monitoring is carried out to ensure adequate protection of your personal data, such as passwords and credit card details. All suspicious activities related to your personal data (digital identity) are monitored. You’ll receive assistance in all cases of suspected or actual misuse.
Secure data vault: enjoy access to a highly secure, password-protected storage system, which can also be used for the safe transfer of sensitive data.
In summary, a cyber insurance policy provides protection against various types of loss and damage arising from the use of computers, smartphones or the Internet in general. It’s important to understand the exact conditions and level of coverage before taking out a cyber insurance policy, so contact us if you have any questions or would like a free product recommendation.
Standalone insurance or combined policy?
Cyber insurance cover can be taken out either in combination with home contents and personal liability insurance or as a standalone policy. The scope of coverage is identical in both cases.
Swiss reporting office for Internet crime
If you have already fallen victim to a cyberattack, you can contact the National Cyber Security Centre (NCSC), which serves as the Swiss reporting office for individuals, companies, the authorities and IT specialists. You can report your incident and get help in dealing with the situation in question.
Protect yourself now against future threats in the digital world and contact us. Our specialists will scour the market for the product that best meets your expectations and needs. This service is free of charge for you.
You can contact our experts by e-mail at burgdorf@unionsb.ch or by phone on 034 422 70 24.
Granting an insurance mandate to Union Swiss Brokers Holding AG
Our insurance experts comply with the guidelines of the Swiss Financial Market Supervisory Authority (FINMA). They are all registered and certified with FINMA. To keep their industry knowledge fully up to date, they regularly take part in recertifications.
By granting us an insurance mandate, you authorise us to represent you when dealing with insurance providers, whether in the event of a claim, obtaining quotes for comparative purposes or for any other clarifications.
Once you’ve filled in your mandate agreement, you can send it to us by e-mail or by post using the following address: Union Swiss Brokers Holding AG, Lyssachstrasse 9, 3400 Burgdorf. We will contact you immediately upon receipt to discuss the next steps.
Do private individuals need cyber insurance?
Cyber risks are among the most common threats in everyday digital life. However, cyber insurance is only one part of a comprehensive protection strategy. Explore our Insurance Solutions for Private Individuals and learn more about cyber insurance, legal protection, household insurance, liability insurance and other important coverages.
Frequently asked questions about cyber insurance for private individuals
What does cyber insurance for private individuals cover?
Cyber insurance can provide protection against data misuse, phishing, identity theft, cyberbullying, online fraud and data loss. The exact scope of coverage depends on the individual insurance product.
Is cyber insurance worthwhile for private individuals?
Whether cyber insurance is worthwhile depends on a person’s individual circumstances and existing insurance coverage. The key consideration is which cyber risks are already covered and which additional benefits a cyber insurance policy may provide.
Does cyber insurance cover phishing-related losses?
Many cyber insurance policies cover financial losses, advisory services or legal assistance related to phishing attacks. Coverage and benefits may vary depending on the insurer.
Is identity theft covered by insurance?
Depending on the insurance solution, costs and support services related to identity theft or the misuse of personal data may be covered.
Do I need cyber insurance if I already have household insurance?
Not every household insurance policy covers cyber risks such as phishing, online fraud or identity theft. It is therefore advisable to review existing coverage and determine whether additional protection is required.
Where can I report a cyberattack?
If you have already fallen victim to a cyberattack, you can contact the National Cyber Security Centre (NCSC), which serves as Switzerland’s reporting office for private individuals, companies, public authorities and IT specialists. Suspicious phishing e-mails and websites can also be reported to the NCSC. In the event of financial loss, you should additionally inform your bank, credit card provider or insurer without delay.
Editorial note: This article was originally published on 10 January 2023 and was reviewed and updated in September 2026.
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