Trauma

This form of insurance is available as an optional benefit on a Term Life insurance policy or as a stand alone policy.

A trauma payment is likely to be paid should you suffer any of the covered conditions. This could include, but is not limited to: heart attack, stroke, cancer, paraplegia, multiple sclerosis, Parkinson's disease, chronic liver, lung and kidney disease and many more.

The lump sum could be used to cover debt reduction/elimination and to cover costs related to making lifestyle adjustments, necessary home and/or car modifications, medical treatment costs, work alterations and peace of mind etc.

Suffering a trauma without insurance

It won't happen to me

If you think that it won't happen to you, here are some facts about the health risks that we currently face.

Females:

• 1 in four women will contract cancer before age 75
• 1 in every 11 Australian women will develop breast cancer
• For a 40-year-old, the risk of having coronary heart disease at some time in the future is 1 in 3 for women
• There is a 1 in 4 chance of suffering a critical illness between 30 and 64
• 1 in 5 women over the age of 45 is at risk of having a stroke.

Males:

• One in three men will contract cancer before the age of 75
• Around 10,000 new cases of prostate cancer are diagnosed every year
• For a 40-year-old, the risk of having coronary heart disease at some time in the future is one in two for men
• There is a two in five chance of suffering a critical illness between 30 and 64
• One in four men over the age of 45 is at risk of having a stroke.

Suffering a trauma with insurance