Children's Trauma Insurance Cover

There are a number of insurance companies that now offer Life Insurance and Children's Trauma Insurance Cover.

Children's trauma insurance or child cover provides you with a lump sum payment should your child suffer one of a list of specified medical conditions or procedures.

The benefit is paid on diagnosis or occurrence of the illness or injury.

The great news is that if a parent is a policy holder, there is usually an amount of child cover insurance that is provided for free with some of the major life insurance companies within Australia.

Differences between Children's Trauma policies

Medical conditions vary between the insurance companies, but most include:

• Blindness
• Brain damage
• Cancer
• Cardiomyopathy
• Chronic kidney failure
• Deafness
• Encephalitis
• Intensive care
• Intracranial benign tumour
• Loss of limbs or sight
• Loss of speech
• Major head trauma
• Major organ transplant
• Meningitis
• Paralysis
• Severe burns

Children's life and trauma insurance cover is designed to ease the financial stress on families. Benefits are often spent on medical treatment, rehabilitation, or replacing income if a parent needs to take time off work.

So it is best to do your research before deciding on a policy. Also look for a policy that has a continuation option which means that after your child turns a particular age, the policy can be converted to an adult version.

Who offers best Children's Trauma Insurance in Australia?

If you would like to find out who offers best children's trauma insurance cover in Australia, please fill out the form on this page. We compare all major life insurance companies in Australia, so you save your time and money!