No one likes to think about what would happen if they developed a serious illness.
Optimistically we may believe that while this might happen to others, it won’t happen to us. However, life is not always predictable. And if you or a family member suffers a serious illness, the practicalities and costs of life continue.
The medical and surgical costs relating to a trauma condition will be largely covered under the Public health system or private medical insurance. However, there are likely to be other costs that are not covered during this time.
Family income is often reduced through taking time off work to rest and recover, working reduced hours or being unable to work at all.
Your partner or another family member may need to time off work. Many people need extra help and support around the house when they have a serious illness.
Costs of alternative treatments that aren’t covered by the Public health system or only partly covered by health insurance.
Additional costs like child care, changes to your home or travel to medical appointments
On diagnosis of a specified major medical condition including ‘the big three’ – cancer, heart attack or stroke, a lump sum payment is made. You can use the money in helping you maintain your lifestyle, and getting you through your illness. We can also provide cover for your children (and grandchildren)
Trauma cover can help protect you financially at a time when it’s most needed. It can give you choices – about treatment, lifestyle and family arrangements, allowing you to maintain your current lifestyle, meet your obligations to others and focus on your recovery.
We know the value of trauma cover from many years of dealing with claims for our clients. Talk to us if trauma cover would be useful for you also.