Is Trauma Insurance Worth It?

is trauma insurance worth it

Is Trauma Insurance Worth It?

Trauma insurance 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 covers 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 that’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 that’s right for your situation, make an appointment with a Suncorp Financial Adviser.

Get your free quote today!

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This article does not take into account what you currently have, or what you want and need for your financial future. The information provided in this article is of a general nature and should not be taken as personal advice. Please seek advice from a qualified professional who will take into consideration your particular situation and goals before giving you advice that you can rely upon.