Trauma Insurance pays a lump sum benefit on the diagnosis (or occurrence) of one of a list of specified serious medical conditions and procedures.
Each insurance company maintains their own list, but they generally include serious medical conditions such as cancer, heart attack or stroke.
Trauma insurance is designed to provide you with relief if a serious medical event was to happen to you or your family
If either you or your partner were to be diagnosed or suffer from one of the listed trauma conditions such as cancer, your life will be turned upside down.
Income will stop or suffer greatly (potentially for both parties if care is required), medical costs not covered by Medicare or your health insurance will pile up, and access to potentially life saving treatment or care may be out of reach for most.
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