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What is Trauma Insurance?

Trauma Insurance provides you with a lump sum on the diagnosis of a specified serious medical condition(s). These medical conditions or injuries can vary between insurers but they generally include cancer, stroke, heart attack and blindness.

Trauma insurance is simply designed to provide you with the necessary financial support when you do need it most during the recovery period. Typically trauma insurance benefits are used to cover medical expenses or rehabilitation costs and treatment, or to pay down debt(s). Some people choose to make a permanent lifestyle change such as reducing working hours to spend more quality time with their family.

Cancer & Circulatory System Diseases (Heart Disease) account for approximately 80% ^ of all Trauma Insurance Claims.

 Things that Trauma Insurance Covers:

  1. Aplastic Anaemia
  2. Blindness
  3. Cardiomyopathy
  4. Chronic Liver Disease
  5. Coronary Artery Surgery
  6. Dementia
  7. Heart Surgery
  8. Intensive Care
  9. Loss of Speech
  10. Major Organ Transplant
  11. Multiple Sclerosis
  12. Valves Repair / Replacement
  13. Benign Brain Tumour
  14. Chronic Kidney Failure
  15. Chronic Lung Disease
  16. Coma
  17. Paraplegia
  18. Parkinson’s Disease
  19. Loss of Speech
  20. Muscular Dystrophy
  21. Stroke
  22. Primary Pulmonary Hypertension
  23. Aorta Repair / Replacement
  24. Severe Burns
  25. Cancer
  26. Cardiac Arrest
  27. Coronary Artery Angioplasty
  28. Deafness
  29. Encephalitis
  30. Heart Attack
  31. HIV
  32. Major Head Recovery
  33. Motor Neurone Disease

Trauma Insurance provides a lump sum on the diagnosis of a specified serious medical condition(s) e.g. cancer, stroke, heart attack and blindness just to name a few.

 Type of Premium Options

Stepped Premium

A Stepped Premium is based on the policy holder’s age and increases as you get older. The stepped premium option is generally more affordable in earlier years when the policy holder is younger and less affordable in later years when the policy holder is older.

Level Premium

A Level Premium is based on the average policy premium and is not linked to the life insured’s age. The level premium option is usually a less affordable in earlier years when the policy holder is younger but a lot more affordable when the policy holder is older.

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