Trauma insurance, or Recovery insurance, provides you with a lump sum payment on the diagnosis (or occurrence) of one of the listed specified serious medical conditions and procedures. Each insurance company maintains their own list, however, they generally include serious medical conditions such as cancer, heart attack or stroke.
Trauma insurance is designed to provide you with money when you need it most. You can generally use the money however you choose, for example; to cover medical costs and treatment 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.
We can help you accurately assess your circumstances and calculate the appropriate level of cover to protect you and your family.
The information provided to you on this website is general advice only. ‘General advice’ is
financial product advice that is prepared without considering a consumer’s personal
circumstances such as their objectives, financial situation and needs. If you wish to receive
personal advice, please speak to one of our advisers.
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