Well-being of your future children

Everyday we try to protect our children from life’s uncertainties, yet we can’t eliminate the risk of illness and injury. By looking out for the well-being of your child, if he or she were to become seriously ill, you would want to be with them while they recovered. So while no one likes to think this may happen, it’s important to be financially prepared. Therefore, you must consider the well-being of your child by taking the option of trauma insurance.

What is trauma insurance?

Trauma Insurance provides a lump sum benefit in the event you are diagnosed with a serious medical condition such as cancer, heart attack or stroke.

Peace of mind

Bumps and bruises are all part of being a kid, and unfortunately childhood can sometimes involve major lines. The Children’s Trauma cover option is designed to help alleviate the financial burden if the insured child were to become seriously ill or injured, be diagnosed with a terminal illness or die. It may allow you to take time off from work so you can be by their side until they’re back on their feet, and also help to meet the costs of specialist care and rehabilitation.

As an extra feature within your Flexible Lifetime – Protection plan, children can be covered, usually at the cost of only a few dollars a week. The option is available with any Death cover, Total and Permanent Disablement (TPD) cover or Trauma cover. It covers children up to the age of 16, and pays a lumps sum if the insured child experiences  a range of conditions, including cancer, severe burns, loss of hearing, sight or limbs, and certain blood disorders such as leukaemia.

While you may not be able to protect your children from everything, you can be financially prepared.

1. We pay you a benefit under the Children’s Trauma cover option if the insured person:
   – experiences a listed trauma condition or undergoes a listed medical procedure, and
   – survives for 14 days fro the date of the diagnosis of the trauma condition or the date of the medical procedure.
2. Terminally ill means:
   – the insured person’s doctor tells us in writing that they believe that the insured person has less than 12 months to live, and
   – the doctor’s prognosis is based on clinical findings and reports, and
   – we agree with the doctor’s prognosis.

Need more information?

Everyone has different financial needs and to find the best wealth protection solution you may need professional financial advice. Why not speak to our financial planner today on 1300 788 650.