Trauma insurance is often described as the Living Insurance benefit.
Being able to focus on your recovery after suffering a trauma event is going to be your primary concern.
What is Trauma cover?
Trauma cover pays an agreed lump sum if you suffer a serious illness or injury that is covered in the plan you take out.
The lump sum payment can help you make the adjustments to your lifestyle that you may either want, or need to make after suffering a trauma event.
Why do I need it?
Nobody likes to think about the possibility of suffering a serious illness or injury in the future. You can’t foresee this happening, but you can make plans to help support yourself should the unexpected happen. Having Trauma cover can provide you with some comfort to know that if something does happen at least you don’t have to worry about money.
As advances in medicine and technology continue, more people are surviving trauma events where in the past they may not have. And with people living longer, your chance of suffering a trauma event is increased.
As the chances of something unexpected happening are increased, along with the likelihood of your survival, you will want to have a plan in place to maintain your lifestyle and financial independence.
Disclosure WellInsured Pty Ltd ABN 99 606 950 663 trading as Well Insured. Well Insured Advisers are Authorised Representatives of Professional Investment Services Pty Ltd. ABN 11 074 608 558, an Australian Financial Service Licence holder (No 234951). PIS Licensee Information: centrepointalliance.com.au Telephone number 1300 557 598 Email address firstname.lastname@example.org