Trauma
Trauma cover, also referred to as Living Insurance, plays a vital role in your financial security. Let’s explore further:
- Focus on Recovery: After experiencing a traumatic event, your primary concern will very likely be recovery. Trauma cover can enable you to focus on recovery with the reassurance of substantial financial assistance.
- What Is Trauma Cover?: Trauma cover provides an agreed lump sum if you suffer a covered serious illness or injury. Most claims fall under the big three categories of Cancer, Heart Attack and Stroke, with the majority being cancer related. A lump sum Trauma cover payment can help you make necessary lifestyle adjustments, and seek appropriate treatment, after a serious diagnosis.
- Why You Need It:
- Unforeseen Circumstances: While no one likes to dwell on the possibility of serious illness or injury, planning for such scenarios is essential. Trauma cover can help ensure you have financial support if the unexpected occurs.
- Advancements in Medicine: Medical and technological advancements have increased survival rates for trauma events. Having coverage becomes even more critical.
- Longer Lifespans: As people live longer, the likelihood of experiencing a trauma event also rises.
- Maintaining Independence: Having a plan in place can help protect your lifestyle and financial independence.
Trauma cover provides peace of mind during challenging times, allowing you to focus on recovery while helping safeguard your financial well-being.