subject: Why do you need Trauma Cover? [print this page] Why do you need Trauma Cover? Why do you need Trauma Cover?
With advances in medical technology we have a far greater chance of surviving a trauma/critical illness than we have in the past. But are we prepared for the financial consequences of survival?
Trauma Cover provides you with a one-off lump sum payment if you're diagnosed for the first time with one of 38 conditions defined in the policy. You can use this lump sum on whatever you wish whether this is medical expenses, paying off the mortgage or taking the
family on holiday.
How it began
The surgeon who assistedthe world's first heart transplant was the one who designed and promoted trauma insurance in 1983. Dr Marius Barnard saw firsthand how modern medicine and surgical procedures were saving patients' lives but killing them financially during their recovery. He believed that people needed trauma insurance not because they were going to die, but because they were going to live*.
*As described on a webcast at www.scottishwidows.co.uk.
Who claims for trauma?
48 is the average age of claimants
The largest claim was for breast cancer and totalled $1,500,000
The most common claims are for cancer, stroke and heart conditions
" It takes away the guilt of looking after yourself"
In my claims eperience I have had more claims on this particular cover than any other insurance available. It has made a huge difference to the lives of those who have received a cheque for $$$. Otherwise all you will receive is a get well card. Trauma and Critical illness cover is hugely underinsured in New Zealand. Get covered today by making an enquiry at the below website or with your own personal broker service.
