Trauma Insurance

Provides a lump sum payment if you suffer one of a list of major medical traumas. This will assist you to obtain the best medical and rehabilitation care and also assist your lifestyle if you wish. Trauma insurance is now the fastest growing protection product on the market as the ongoing improvement in health care is providing extended life for people who have suffered a serious illness (cancer, stroke etc) they usually however require ongoing assistance via medication or nursing and these costs can be covered with Trauma Insurance. We will help you to choose a policy that suits your needs and your budget.

Our client (as mentioned under Income Protection Insurance) also requires trauma insurance of $250,000 which is normally added in to a life insurance policy which in this example is $500,000 and the cost is $48.35.

For a female the cost would be $83.80 per month.

Total and Permanent benefits

If your injury or sickness is work related, workers’ compensation will only help to a limited extent. The benefit level is however hardly going to be sufficient and what if the sickness or injury is not work-related? Social security may be available but the eligibility criteria are very stringent and means tested. Some companies offer TPD cover as an additional benefit that can be included in Income Protection to assist you with premium costs or include via life cover.

You May Also Be Interested In...

• Life Insurance
• Trauma Insurance
• Income Protection
• Superannuation
• Partnership Protection / Business Insurance
• Risk Insurance