What is a rental guarantee?
A rental guarantee is a sum corresponding to one, two or three month’s rent which acts as a guarantee for your rental payment.
The rental guarantee from SwissCaution replaces your rental deposit and means you do not have to leave your money locked away in an account.
At the end of the rental period, if any rent is unpaid or damage to the property has been reported, SwissCaution will ask you to reimburse the sum advanced to your landlord.
Important information for foreign students
Property agents/managers may ask you for a guarantor in Switzerland in addition to a rental guarantee.
SwissCaution cannot fulfil the role of Swiss guarantor. SwissCaution will act as guarantor only for your rental guarantee.