Trauma/Crisis InsuranceWhat is Trauma/Crisis/Critical illness Insurance Trauma Insurance was first introduced into Australia in 1986. Trauma/Crisis Insurance is designed to provide you with a lump sum on the diagnosis of a specified medical condition and or injuries such as a heart attack, stroke, cancer or blindness. It has been designed to provide a benefit to help you cover medical and rehabilitation costs, and to help with relieving financial pressure. Why do I need Trauma/Crisis Insurance? The choice of cover depends entirely on an individual's circumstances. If you have heavy debts and are at pre-retirement age this cover may be important. A Critical illness can be just as damaging to family finances as a death and more so if medical bills result from a long lasting illness. If you were to suffer from a heart attack and unable to work for a couple of months due to rehabilitation, you would not be able to claim under your life insurance, your Total and Permanent Disablement (TPD) insurance would not pay out because you will return to work one day, however your trauma insurance would give you that lump sum payment to ease the financial pressures of not working. It provides you with money when you most need it. So if you are a home maker, self-employed, have a career, or are of pre-retirement age, then contact protectingincome.com for a free quote now. Phone: 07 3351 4433 Free Call: 1800 655 648 email: info@protectingincome.com |