TRAUMA INSURANCE

What is Trauma Insurance?

Trauma Insurance provides you with a lump sum payment if you suffer a defined major medical condition.

The payment of a lump sum can be of considerable assistance if one of the insured events occurs. For example:

• you will be able to afford the best medical care, both here and overseas;
• you will be able to gain access to the full range of rehabilitation services; and
• you will be able to amend your lifestyle if you have to or want to as a result of suffering from the insured event.

The actual events covered can vary between insurers but the list on the right is indicative of the insured events included in most policies.

What are the chances of suffering an insured event?

The chance of suffering an insured event, under a Trauma Insurance policy, prior to age 65 is:

• 1 in 3 for a Female; and
• 1 in 2 for a Male

Source: Pricing Dread Disease Insurance - Institute of Actuaries of Australia 1994. Updated March 2002.

Example of Product Features:

• Extensive Number of Events Covered
  Comprehensive Trauma Protection covers up to 50 critical conditions with market leading definitions.
  
  
• Full AIDS Cover
  Occupationally and medically acquired HIV is covered.
  
  
• Guaranteed Renewable
  While your policy is in force we guarantee to renew it regardless of changes to your occupation, health or pastimes.
  
  
• 24 hour Worldwide Cover
  You are covered 24 hours a day, 7 days a week, anywhere in the world.
  
  
• Advancement Benefit
  A percentage of the sum insured will be advanced to you on the diagnosis of some specified critical conditions even though you may not yet qualify for payment of the full sum insured.
  
  
• Indexation
  Indexation of your sum insured is offered every year. You may decline to accept the offer to increase. This will not affect any further offers made.
  
  
• Competitive Underwriting Terms
  Underwriters will consider applications for up to $2 million.
  
  
• Entry Age
  Allows for entry up to 68 next birthday.
  

For more information regarding Trauma Insurance or for an obligation free premium quotation, please contact us.