Trauma Insurance can help you cope financially from the impact of a critical illness event. Critical illness events include conditions like cancer, heart attack, stroke, coronary bypass surgery and blindness. It can be taken as a stand-alone product, or in conjunction with Life or TPD Insurance.
Trauma Insurance pays a lump sum, which you can use to:
Pay for expensive recovery costs including rehabilitation;
Pay for changes to your lifestyle, for example, refit your home;
Enable your partner to reduce their working hours to look after you or, alternatively, to get a carer;
Pay off your mortgage; and
Cover the cost of extra child care or housekeeping.