How would your family cope if you suffered a trauma event such as cancer, heart attack or a stroke? What would happen if you needed specialist treatment? Who would pay for this?
The diagnosis of a trauma event is devastating in any circumstances but the burden will be far greater if your financial security is also put at risk.
Trauma Insurance pays a lump sum on the diagnosis or occurrence of one of a list of specific illnesses such as heart attack, cancer or stroke.
That payment gives you choice and flexibility at a time when you need it most. You will be able to reduce your working hours, spend time with your family, get treatment or rehabilitation and pay for a carer and any number of unexpected things. Trauma insurance takes the pressure off, so you can spend your time focusing on recovering – not worrying about your finances.
You could use the benefit to:
• Pay for private medical costs not covered by the public health system
• Reduce sundry debt
• Make lifestyle changes so you can focus on recovery, like permanently reducing the number of days you work, or
• Take some time off work or take a stress-free family holiday.