Trauma cover is also referred to as 'critical illness' cover or 'recovery' insurance.

A serious illness can make it difficult or impossible for you to continue to work. If this happens, you will need to find a way to support yourself and your family. Trauma cover can provide a financial safety net for such events.

 

Trauma insurance provides cover if you are diagnosed with a specified illness or injury. These policies include the major illnesses or injuries that will make a significant impact on a person's life.

 

Trauma insurance pays a set amount. This can be used for things like:

 

• Any private medical costs above your health insurance

• An income stream if you stop working, but find out about income protectionfirst

• The ongoing cost of any therapy and special transport costs

• Adjustments to housing and lifestyle changes

• Debt repayments