Trauma Insurance

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Trauma Insurance effectively provides the same cover as Critical Illness Insurance or Living Insurance (different insurers call them different names) but the intention of all these covers is to provide a lump sum amount (your choice of cover amount) to be paid on diagnosis of certain major medical conditions (think Serious Cancers, Heart Attacks. Loss of Functionality, Major Burns etc).
The cash payment can be used for any purpose whatsoever but is often helpful to cover loss of income or unforeseen medical, or other, costs.
Trauma Insurance is ideal for those who simply would struggle financially if they were diagnosed with a serious condition and unable to work for a period of time. This type of insurance also appeals as an alternative to Life Insurance for those without debt or dependents.
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