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.
Trauma insurance takes the pressure off worrying about finances so you can spend your time focusing on recovering. It can cover your household expenses + mortgage repayment/debts + lifestyle cost for the period for recovering from a traumatic event.
It’s a great financial back-up plan for your lifestyle and gives you the confidence to seize life’s possibilities knowing you’ve made plans to secure your future.