What is trauma insurance?
Trauma insurance provides lump sum cover if you are diagnosed with a specified illness or injury. These include major illnesses or injuries that will have a significant impact on a person's life, such as cancer or a stroke.
There are many different individual trauma incidents that can be covered through trauma insurance. Each policy will have a specific list of covered medical conditions and the specific definition of each condition may differ between each insurer too.
The outlined list of conditions and their associated definitions are used when assessing a claim, so it’s important to review the Product Disclosure Statement to understand what you will be covered for before you apply.