Trauma Cover will provide you with a lump sum benefit if you are diagnosed with a specified medical condition irrespective of whether or not your ability to work is impacted. Eg Heart attack, stroke, cancer.
Each year, around 55,000 Australians suffer a heart attack. This equates to one heart attack every 10 minutes.
In 2012 there were over 420,000 people living with the effects of stroke. This is predicted to increase to 709,000 in 2032.
1 in 2 Australian men and 1 in 3 Australian women will be diagnosed with cancer by the age of 85.
More than 60% of people diagnosed with cancer in Australia will survive more than ve years after diagnosis.
How would you cope financially if something happened to you? Would you have enough savings to cover all your out of pocket expenses? Or access the best medical treatment for your condition? Would your reduced income meet the mortgage repayments and your living expenses?