Trauma Insurance

What is Trauma Insurance

Another name for Trauma insurance is Critical Illness Insurance.  This is the same thing.  Do not get confused with Medical insurance that covers the repair of the condition, Trauma Insurance provides a cash lump sum on diagnosis of this condition.  I have settled many claims in my time as an adviser and these claims have added up to well over $500,000 in my agency alone. 

Trauma Insurance for Children

Unfortunately no one likes to talk about children suffering trauma events like Cancer, however we just need to look at Starship Hospital to see that this does happen. Imagine the financial impact this has on families. If children can be covered under their parents insurance policies.. is that worth considering. Some companies charge for this additional cover and some don't. What are the differences and does your current policy cover your children. Check this out with us at New Vision Financial Services as soon as possible.

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