You might think "It will never happen to me. I don't need Trauma Insurance". But you might reconsider after reading these facts.
3 out of 4 Australians will be diagnosed with a serious illness during their working life.
1 in 3 men and 1 in 4 women will suffer from cancer in their lifetime. Half of those will live more than 5 years after diagnosis.
Women have a one in four chance of suffering a critical illness between the ages of 30 and 64, as well as a one in four chance of developing cancer before age 75.
By having private health insurance you may think that it is enough protection in case you were to suffer a serious illness or injury. But private health insurance only covers hospital stays and some medical or extra expenses.
Private health insurance does not cover lost wages, rehabilitation, or alterations to your home or long term nursing care.
Trauma insurance, also known as critical insurance, pays a lump sum should you be diagnosed with a specified illness. Trauma insurance pays a lump sum on diagnosis of a traumatic event. Trauma insurance is for people aged between 16 and 64 and covers you 24 hours a day, 7 days a week anywhere in the world.
Each insurance company differs, but most policies can cover you for a variety of crisis such as:
The cost associated with a serious illness or injury can quickly add up. You can use the trauma cover lump sum payment for all sorts of expenses including:
Contact one of our friendly advisers to discuss your trauma insurance needs as everyone's circumstances and situations differ. Please call us on 1300 793 143 or fill out the form on this page.