Trauma insurance pays a lump sum if you suffer from a serious illness covered by your policy. Trauma insurance normally covers as a minimum – heart attack, heart disease, cancer and stroke. These diseases are often serious and can limit or reduce your ability to work, meaning significant lifestyle changes are forced on you.
There are different policies – some cover just major events and others have much more comprehensive coverage. Some policies pay out at an early diagnosis of an illness.
A good broker can recommend policies that offer the best cover and the best pricing for you. The price difference may not be that great but it pays to check.
Most trauma insurances pay out on 40 plus conditions such as:
- Benign brain tumour
- Parkinson’s disease
- Total blindness
- Severe burns
- Intensive care
- Open heart surgery
If you want a quote for this cover or just to check you have what you think you’re paying for, I am just a call or email away.
Grant Uridge is an insurance adviser based in Wellington. Having been in the industry for as long as he has, he has a great knowledge of what’s out there and what works. He also just loves what he does and what it can do for his clients.