TRAUMA INSURANCE

Being diagnosed or suffering from a major medical trauma such as cancer, stroke, heart attack or becoming permanently disabled can have a devastating effect on your finances.

This will not only impact the person who is sick or injured but also the spouse who may need to take time off work to provide care for their loved one. Having cover to assist if you do suffer one of the over 40 trauma conditions is extremely helpful.  The lump sum payment can be used for whatever you choose but is most often used to cover alternative treatment costs, loss of income, reducing your mortgage or going on a recuperation holiday.

benefits of trauma insurance:

• Special event increase - which means if you were to get married, have a baby or take out a mortgage you can increase your cover without medical underwriting.
• Some policies have inbuilt cover for your children if they were to suffer a trauma condition.
• This cover is not determined on whether you can work or not you just have to survive 14 days to be able to claim.