Trauma Insurance - How it Works
Trauma Insurance pays you a lump sum payment in the event you are diagnosed with a specified illness. The cover is designed to provide money if you suffer a critical illness, to ensure you can cope with the effect it has on your lifestyle, family and work.
Advances in medical treatment mean you have a better chance than in previous generations of surviving a critical illness. But there are important questions linked to such an event. For example would you have the means to cover expenses such as rent, mortgage payments, credit card bills while you take time off to recover. Having money available via Trauma Insurance can help alleviate this financial impact at a stressful time.
There are more than 40 defined conditions covered with trauma – depending on insurer. Common conditions including cancer, heart attack and stroke make up over 90% of all claims. The importance of having Trauma Insurance is highlighted by the increased rates of cancer and heart disease in New Zealand .
Trauma conditions are potentially life threatening and as a result can have a significant financial impact on the diagnosed person.
Features
- Pays a lump sum
- Pays on diagnosis
- Worldwide Cover
- Payment is tax free
Need More Information
If you would like more information or have any questions send us an email at info@comparenow.co.nz or give us a call. We can provide helpful information that allows you to compare the features and benefits from New Zealand’s leading insurance providers.