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03 660 11 99
Call Us
03 660 11 99
PARACHUTE INSURANCE ADVICE
Trauma and Disability Insurance
A trauma insurance is sometimes also called 'critical illness' or 'recovery insurance'. It pays a lump sum amount if you suffer a critical illness or serious injury.
Trauma covers pay out a lump sum if you suffer from a condition named in the insurance policy, like an accident, a heart attack, cancer, stroke, angioplasty and more.
A lump sum payment from a trauma cover will give you the financial freedom to spend the it as you see fit. You can use it to pay mortgage obligations, supplement day to day living costs, subsidise income, seek alternative treatment or pay for medical costs, even for home alterations or rehabilitation costs.
