Trauma Cover
What is Trauma Cover?
Trauma Cover provides a lump sum payment should you suffer one of the Covered Conditions listed by your provider. These could range from Cancer, Strokes, Heart Attacks, through to Dementia. The Covered Conditions are by nature serious and potentially life threatening and, as a result, can have a significantfinancial impact. Trauma Cover is designed to help alleviate this financial impact.
Trauma cover
Why do I need Trauma Protection?
Trauma or Critical Illness Insurance provides a lump sum payment to the life insured on the diagnosis or occurrence of a list of specific illnesses such as cancer, heart attack, stroke and many other specific medical conditions. There are no rules and regulations as to how the money is spent, but the lump sum payment can provides an amount to pay for treatments, medications, rehabilitation, home modifications and can also provide funds to help pay bills and other every day expenses.
What are the benefits?
Imagine finding out that you have cancer, or you had experienced a heart attack or a stroke. A lump sum of money can really help you by paying for changes to your home or gives you the ability to reduce your working hours whilst you recover. You are no longer having to force yourself back to work before full recovery. Having the ability to keep paying your debts while you are unwell is a great relief.
When would I need it?
The best time to get Trauma protection is when you are young and healthy. Should you have or experience a myocardial Infarction (Heart Attack), Cancer, Stroke, or up to 41 other defined conditions you can make a claim. Remember 1 in 3 people suffer from a serious illness before the age 65.