With the remarkable advances in modern medicines, more and more people are now surviving major traumas such as Heart Attack, Cancer, Coronary Artery Surgery etc.
However the recovery period, and the cost of care associated with such illnesses, normally creates extreme financial strain.
Also known as Crisis, Living or Recovery benefit this insurance provides a lump sum payment to the insured in the event that you suffer a specified, life threatening condition. The leading claims for Trauma includes cancers, stroke, heart attack and by pass surgery. These make up 93% of claims.
A comprehensive Trauma policy covers ~50+ events & is purely diagnosis based, avoiding the requirement of being off work to initiate a claim.