Trauma insurance covers a range of critical illnesses and other conditions.
Going through a critical illness can be a very difficult time, and aside from the obvious emotional and physical effects, it can also have a major impact financially.
Trauma insurance is designed to protect you from the financial consequences of critical illness by paying you a lump sum amount which can be used as you see fit.
Trauma Conditions
There are dozens of conditions which are covered by trauma insurance, however they do vary slightly from one insurer to the next.
The most common conditions which are claimed on for trauma insurance include cancer, heart attack and stroke. Other well known conditions include multiple sclerosis, muscular dystrophy and quadriplegia.
Below we have listed the conditions covered by one of Australia’s largest providers of trauma insurance.
- Heart Attack
- Out of hospital cardiac arrest
- Coronary artery disease requiring by-pass surgery
- Coronary artery angioplasty – triple vessel
- Repair and replacement of a heart valve
- Surgery of the aorta
- Cardiomyopathy
- Primary pulmonary hypertension
- Open heart surgery
- Stroke
- Major Head Trauma
- Motor Neurone Disease
- Multiple Sclerosis
- Muscular Dystrophy
- Paraplegia
- Quadriplegia
- Hemiplegia
- Diplegia
- Tetraplegia
- Dementia and Alzheimer’s Disease
- Coma
- Encephalitis
- Parkinson’s Disease
- Bacterial meningitis
- Subacute sclerosing panencephalitis
These conditions will not be covered by the policies issued by all trauma insurance companies, however it does give you an insight into the broad range of areas which can be covered by trauma insurance.
Trauma Insurance Quotes
If you would like to find out more about trauma insurance and how much it will cost you, the best option is to speak with a financial planner or contact your insurance company directly.
We can also assist you with trauma insurance quotes via our referral partners. To obtain a quote please follow the quote link.