Trauma Insurance

Trauma (or critical illness) insurance provides a cash lump sum if you suffer a specified illness or injury. Advances in medical treatment have increased the need for trauma insurance. The improved chance of survival means that although you are more likely to survive, you are also more likely to have substantial medical bills to pay.

Stand alone policy or additional options

Trauma insurance is usually purchased as a stand alone policy, but can be purchased with additional options, such as a TPD benefit. Trauma insurance is generally not available through superannuation.

Trauma Insurance Cost

Trauma cover is relatively more expensive than other forms of life insurance because of the greater probability of a trauma event occurring.

Tax Treatment

  • Benefits are tax free.
  • There is no restriction on how you use the payments.


Interested in more information? Contact us today.