Trauma insurance

A sudden event such as a cancer diagnosis, heart attack, or stroke can come as a major shock to both a patient and their family. Trauma insurance can help support you from a financial perspective.

What does trauma insurance cover and how does it work?

Trauma insurance is a lump sum payment made on the diagnosis of around 45 conditions such as cancer, heart attack, stroke, coma, dementia, or major head trauma to name a few.

Whilst income protection insurance provides ongoing monthly payments to help cover your bills while you are unable to work, trauma insurance is a lump sum payment.

This insurance offers several benefits –

  • It can help fund your spouse’s loss of income if they take time away from work to care for you whilst you recover or are going through treatment.
  • It can help pay expenses such as childcare or caring costs.
  • It may pay for medical treatments that are not covered under the public health system or health insurance - like non-Pharmac drugs or trials overseas.
  • You could even spend the money on a holiday to help aid in your recovery.

ICIB Brokerweb are the perfect people to talk to when it comes to trauma and other related life and health insurances. We have not only been doing this for many years but will take the time to get to know you and what is required, to ensure you get the best level of cover for your needs.

To ensure you are financially looked after following a major medical event -

Drop us a line