Is Trauma Insurance Worth It?by Deepa
Is Trauma Insurance Worth It?
Trauma insuranceÂ could make a huge difference to your life and the lives of your loved ones in the event of a specified illness.
In an earlier post about trauma insurance, we indicated that Trauma Insurance cover ensures you receive a tax free lump sum payout in the event that you are diagnosed with a specified medical condition. Trauma insurance is designed to give you money when you need it the most whilst allowing you the freedom to use the money as you wish – from paying for medical expenses to reducing existing debts and managing ongoing household expenses.
Trauma insurance also coversÂ a wide range of medical conditions, ensuring you have a contingency plan in place for life changing circumstances.
It may be possible to combine your Trauma insurance cover with a life insurance cover, allowing you to maximise the protection you and your loved ones receive – may not have savings set aside, sole breadwinners, or those with large debts to pay.
Our team of advisors at Life and Insurance can help you by completing a trauma insurance comparison based on the level of trauma insurance thatâ€™s right for your situation. To receive a free trauma insurance quote, contact us today at 1300 259 356.
To discuss the level of trauma insurance thatâ€™s right for your situation, make an appointment with a Suncorp Financial Adviser.