Trauma Insurance provides you with a Tax Free lump sum payment on the diagnosis (or occurrence) of one of a list of specified medical conditions and procedures. Each insurance company maintains their own list, but they generally include serious conditions, such as cancer, heart attack or stroke.

Trauma insurance is designed to provide you with money when you need it most. You can use the money how you choose, for example to cover medical costs and treatments, or to reduce debt. Some people choose to make a permanent lifestyle change, such as reducing their working hours, so they can spend more time with family.

Most policies will cover you for the following list or illnesses or injuries:

Angioplasty
Aplastic anaemia
Blindness
Cancer
Cardiomyopathy
Chronic kidney (renal) failure
Chronic lung failure
Coma
Coronary artery angioplasty – triple vessel
Deafness
Dementia
Encephalitis
Heart attack
Heart surgery (open)
HIV – medical or occupations acquired
Intensive care
Intracranial benign tumour
Loss of speech
Major head trauma
Major organ transplant
Meningitis
Motor neurone disease
Multiple Sclerosis
Muscular Dystrophy
Out of hospital cardiac arrest
Paralysis
Parkinson's disease
Primary pulmonary Hypertension
Repair or replacement of aorta
Repair or replacement of valves
Severe burns
Stroke

Did you know?

"Around 3.7 million Australians are affected by cardiovascular disease and it's our leading cause of death and disability."1

"1 in 3 men and 1 in 4 women will be directly affected by cancer before the age of 75."2

"Over 48,000 strokes occur in Australia every year with a Stroke occurring every 10 minutes. Over 50% of stroke victims are under the age of 75."3

Source
1
Heart Foundation
2
Cancer Council
3
National Stroke Foundation

 

To find out how to protect your loved one request a free insurance quote.