Trauma insurance pays a lump sum in the event that you suffer a major injury or illness such as heart attack, stroke or cancer.
Basically trauma insurance fills in the gap between life insurance, TPD insurance and income protection insurance.
For example, an insured person who suffers a mild stroke and is able to return to work after 3 months would not be able to claim under their life insurance or TPD and may not be able to claim under their income protection policy.
Why do I need Trauma Insurance?
This type of cover is designed to help you cover medical expenses associated with the trauma and other costs that your family may be exposed to. Also, it can often be combined with Life and/or TPD cover at a discounted price.
Benefit for working with us
Our adviser is equipped to advise you in all situations. He or she can assist you to determine the amount of cover you require, arrange quotes from reputable insurance companies and provide expert recommendations.
Lewealth Financial Services
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Lewealth Financial Services Pty Ltd is a Corporate Authorised Representative of Synchron, AFS Licence No. 243313.
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Email: jimmy.le@lewealth.com.au