  
  
S/C/N/1074  
21 January  2022 
(22-0521) Page: 1/2 
Council for Trade in Services  Original:  French  
 
  
NOTIFICATION PURSUANT TO ARTICLE III:3 OF THE  
GENERAL AGREEMENT ON TRADE IN SERVICES  
The following notification from the delegation of Switzerland , dated 20 January 2 022, is being 
circulated to the members of the Council for Trade in Services.  
 
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1  MEMBER NOTIFYING : 
Switzerland  - Federal measure  
2  NOTIFICATION UNDER : 
Article III:3  of the General Agreement on Trade in Services  
3  DATE OF ENTRY INTO FORCE : 
1 January 2 022 
 
3.1  Duration : 
Indefinite  
 
4  AGENCY RESPONSIBLE FOR ENFORCEMENT OF THE MEASURE : 
Federal Department of Finance (DFF)  
5  DESCRIPTION OF THE  MEASURE : 
Measure: 
Revision of the Federal Law of 2 April 1 908 on Insurance Contracts (RS 221.229.1)  
 
Description:  
The Law regulates the relationship between insurance companies  and their  clients . The revision 
includes, inter alia , the establishment of a 14-day right of revocation for insurance contracts , an 
extension from two to five years of the limitation period for claims under insurance contracts , an 
appro priate limitation  of the protection for large risks  or for professional policyholders, and the 
introduction of a right of ordinary termination after three years, even where  an insurance contract 
was concluded for a longer term. 
 
In addition, the  revision takes into account the development of electronic commerce by  allowing for 
most communications to be evidenced  in text form  (no handwritten signatur e required ), which is not 
limited to the simple written form . 
 
6  MEMBERS SPECIFICALLY AFFECTED, IF ANY : 
None S/C/N/1074  
- 2 - 
  7  TEXT AVAILABLE FROM : 
RS 221.229.1 - Federal Law of 2 April 1908 on Insurance Contracts (Law on Insurance Contracts, 
LCA) (admin.ch)  
 
Contact  point: afdl@seco.admin.ch  
 
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