Trauma Insurance

Trauma Insurance

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:

  • Aplastic Anaemia
  • Blindness
  • Cardiomyopathy
  • Chronic Liver Disease
  • Coronary Artery Surgery
  • Dementia
  • Heart Surgery
  • Intensive Care
  • Loss of Speech
  • Major Organ Transplant
  • Multiple Sclerosis
  • Valves Repair / Replacement
  • Benign Brain Tumour
  • Chronic Kidney Failure
  • Chronic Lung Disease
  • Coma
  • Paraplegia
  • Parkinson‘s Disease
  • Loss of Speech
  • Muscular Dystrophy
  • Stroke
  • Primary Pulmonary Hypertension
  • Aorta Repair / Replacement
  • Severe Burns
  • Cancer
  • Cardiac Arrest
  • Coronary Artery Angioplasty
  • Deafness
  • Encephalitis
  • Heart Attack
  • HIV
  • Major Head Recovery
  • 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.

For more information about how we can help find you the perfect trauma insurance, life insurance or income protection policy for your particular circumstances, please call our friendly team today on (02) 9745 2740.