Trauma cover - to get back on track - Avante Financial Services

Trauma cover – to get back on track

Mar 11
trauma cover

If you experience a traumatic event, your primary focus is recovery. Trauma insurance can help relieve your financial worries and allow you to do this. Trauma cover pays an agreed lump sum if you suffer a serious illness or injury that is covered in the plan you take out.

Nobody likes to think about the possibility of suffering a serious illness or injury, but you can make plans to help support yourself should the unexpected happen. Trauma cover can provide you with some comfort, knowing that if something does happen you’ll have money to help you recover.

Health insurance

  • Private health insurance can help you pay for a certain amount of hospital expenses, medical treatments and some rehabilitation expenses, depending on the extras cover you chose.
  • As you may be unable to work for a period of time and may suffer from financial hardship, you may be unable to cover these extra expenses.

What if I just risk it?

Many people decide not to take out insurance, because they believe ‘it’s too expensive’ or ‘it won’t happen to me’.

Can I take out trauma cover if I’m not working?

Yes, because the payment of any claim is based on you suffering one of the trauma conditions listed in the plan, rather than your ability to work at the time of taking out the policy.

What conditions will I be covered for?

Trauma cover will normally include the most common trauma conditions like cancer, stroke, heart attack and coronary artery surgery.

How much cover do I need?

Talk to your financial adviser for an assessment of your wealth protection needs. You might want to think about an amount that will cover you for any medical costs, ongoing care needs, along with any other costs of day-to-day life.


Need help! Contact Avante today on 1300 788 650

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