Vienna City Guide

Health and Insurance Mandatory and Recommended Insurances

As in every country, being well-insured is very important in Austria. It is advisable to get advice by an independent insurance company or insurance broker before deciding on your individual insurance package. Some insurances are compulsory, others are optional, depending on the level of security the individual person needs. A health Insurance and liability insurance (for the car) are mandatory, whereas personal liability insurance, household insurance and legal insurance are recommendable to have.

Types of Insurances Personal Liability Insurance

Personal liability insurance covers injury or damage unintentionally caused to other persons, their property or assets, worldwide. You are covered whether the negligence was yours or that of a family member. This insurance is optional, but highly recommended and provides protection against possibly important claims against yourself and your family. Many landlords will demand proof of a liability insurance before or after signing a lease contract, since it covers cases of liability for injury or damage to other persons or their property. Household Insurance Household Insurance, which covers for example the contents of one’s home against fire, tap water damage, house-breaking, robbery, storm, glass breakage, and hail is recommendable, and some landlords insist on it. It is always recommended to check the individual insurance policy as to which items and events are covered by the insurance. Legal Insurance Legal insurance can be taken out for different purposes, depending on what you wish to cover - such as for the entire family, employment, traffic infractions or the lease of your home. Health Complementary Insurance Complementary insurance is available to improve public health coverage. You may, amongst other things, increase your dental coverage, secure single-bed accommodation in hospital, etc. Travel Health Insurance Travel health insurance is valid worldwide and covers urgent medical help and return journeys to your place of residence in case of illness or death. Private Accident Insurance Depending on the individual policy, defined monetary compensation (plus monthly rent), depending on the degree of injury, will be received. Private accident insurance may even pay in the cases of death, of cosmetic surgery, and of urgency services. Lesser injuries, such as a broken arm or leg are usually not covered. Private Disability Insurance Private disability insurance provides protection in case of work incapacity due to a serious illness or damage to your senses or body.

© 2016 Dwellworks

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Vienna City Guide