Trauma Cover
Trauma Cover
Trauma Cover, also known as Critical Illness Insurance, pays a lump sum benefit if you are diagnosed with a serious medical condition such as cancer, heart attack, stroke, or other life-threatening illnesses specified in the policy. It provides immediate financial support during your recovery helping you pay for treatment, living expenses, time off work, or even alternative therapies.
Unlike income protection (which pays monthly income) or TPD (which requires permanent disability), Trauma Cover pays out upon diagnosis of a defined condition even if you eventually recover. At Angelic Insurance, we help you compare policies that cover a wide range of conditions, waiting periods, and benefit structures.
How It Works
When you are diagnosed with a covered critical illness, you receive a lump sum payment. This can be used to pay for medical treatments, rehabilitation, or to take time off work.
Select your cover amount
Choose a lump sum amount based on your financial responsibilities including medical costs, time off work, debts, or lifestyle changes.
Choose standalone or bundled cover
You can hold trauma cover as a standalone policy or combine it with life or TPD insurance for broader protection.
Apply for cover
You’ll provide personal details including health history, occupation, and lifestyle. Some policies may require medical assessments or exclusions for pre-existing conditions.
Pay premiums
Premiums vary based on age, gender, smoking status, health history, and the level of cover selected. You can opt for stepped or level premiums.
Make a claim upon diagnosis
If diagnosed with a listed critical illness (such as cancer or stroke), you can submit a claim. The benefit is paid once the diagnosis is confirmed and eligibility is met.
Why You Need It?
It ensures you have the financial means to focus on recovery without the added stress of financial burdens. It can also help cover out-of-pocket medical expenses and lifestyle changes.
Covers Conditions with High Treatment Costs
Serious illnesses often come with hospital stays, rehabilitation, medications, and specialist treatments all of which can be costly and ongoing.
Reduces Financial Pressure While You Recover
Trauma cover allows you to take time off work to focus on healing, without worrying about income loss or draining your savings.
Offers Flexibility
You can use the payout for anything treatment, mortgage repayments, travel, support care, or lifestyle adjustments.
Supports Families in Crisis
In times of emotional stress, financial certainty can ease the burden on partners, children, and carers.
Peace of Mind Across All Ages
Trauma events can happen to anyone even those in their 30s and 40s. This cover adds another layer of security to your financial plan.
How Angelic Insurance Can Help?
Angelic Insurance offers trauma cover policies that include a broad range of critical illnesses. We help you choose the right level of cover and guide you through the claims process to receive timely payouts.
Compare Condition Lists and Definitions
Not all policies are the same. We help you compare which conditions are covered and how strictly they’re defined, so you’re not caught out at claim time.
Find a Cover That Matches Your Risk Profile
Whether you're concerned about family medical history or want to supplement existing cover, we guide you to options that make sense for your situation.
Understand Waiting Periods and Exclusions
We explain how trauma definitions work, what qualifies for a payout, and how pre-existing conditions may impact your eligibility.
Flexible Cover Combinations
We can help you package trauma insurance with life or TPD cover, or explore standalone options to meet specific concerns.
Claims Support and Guidance
If you’re diagnosed with a serious condition, our team is here to help you or your family navigate the claims process and ensure your case is handled fairly.
Frequently Asked Questions
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