Evergreen Life - Trauma Cover
Trauma cover gives you a lump sum to pay off the mortgage, fly to Fiji or just spend time with your family without having to worry about where the money will come from.
Unlike income protection, trauma cover doesn't depend on whether you can work or not. To qualify you simply have to survive 14 days after suffering a major illness like heart attack, stroke or cancer. This kind of insurance is also known as Living Assurance, Critical Illness Cover or Serious Care.
What does Trauma Cover include?
Trauma cover pays a cash lump sum if you suffer from a pre-determined health condition and survive 14 days.
The three biggest conditions people claim for are heart attack, stroke and cancer, but most companies cover a broad range of events, such as major burns, major head injury, meningitis, and more ... some companies cover up to 42 conditions.You'll find the actual conditions covered, and their definitions, in each company's policy document. If wading through policy wording doesn't sound like fun, our advisers will be happy to help you choose the best cover for you.
Why do I need Trauma Cover?
Medicine has advanced by leaps and bounds in the last 50 years. People used to die from many major medical incidents, now people do survive. Consider this 52% of male cancer patients will be alive five years later, and 59% of females will be alive five years later.
It's great news for medicine, but it also means you need to be covered for the new realities. Trauma cover gives you maximum choice at claim time.