WEALTH CREATIONS

Trauma Cover

Trauma cover is an insurance product that pays a lump sum benefit for defined traumatic medical conditions or events, and should form part of any risk protection portfolio. It covers a wide range of conditions, including the 'big four' trauma claims of cancer, stroke, heart attack and coronary artery bypass grafts.

 

With Cancer rates on the rise and the number of people with cardiovascular disease remaining high, it is important to have some form of financial cover to help improve the ongoing medical battle. Trauma cover provides a benefit to help with expenses like medical bills, financial shortfalls and generally help make ends meet.

 

You can choose Trauma Insurance as a stand-alone policy, or combine it with Total & Permanent Disability (TPD) and/or a Life policy in which some insurers will provide discounts for packaging.

 

Did you know?

Overall, men have a 40% risk of suffering a traumatic illness between the ages of 30-64 and 25% for women. 1

 

1 Gen Re Australia 2009, Australian Critical Illness Survey 2008: a study of claims experience in 2001 to 2005.