Trauma cover
Room to focus on recovery.
Trauma insurance can pay a lump sum after a specified serious illness or medical event that meets the policy definition. It can help with treatment, time away from work or other costs during recovery.
Insurance advice is provided by Solace Life under its own authorisation and terms. Cover is subject to policy definitions, exclusions and individual circumstances.
When it’s worth a conversation.
- You want to understand support beyond replacing income.
- A serious illness would put pressure on household savings.
- You are reviewing personal cover as your family grows.
Look at the whole picture.
Trauma cover applies to the conditions and definitions listed in the policy. It does not cover every illness. Child trauma options may be available under some policies.
Read the condition, not just its name.
Trauma cover relates to specified medical events and the definitions written into the policy. A diagnosis alone may not meet the required severity or other conditions. Ask how the definitions apply and whether waiting or survival periods are relevant.
A lump sum serves a different purpose from income replacement. It may help with treatment, rehabilitation or giving a family member time away from work, depending on your needs. Where trauma is linked to life or TPD cover, a payment may affect the remaining benefits.
Questions to take into the conversation
- Which conditions and levels of severity are covered?
- Would a claim reduce another benefit?
- How does trauma work alongside my existing cover?
Useful things to bring.
- Existing life, trauma and income protection policies
- Your savings and household commitments
- Any medical history relevant to an application
What happens next.
Solace Life can explain policy definitions, exclusions and how trauma cover works alongside other insurance.
InvestorKit Protect and InvestorKit are not the direct providers of personal insurance advice. Insurance advice is provided by Solace Life under its own authorisation and terms. Cover, exclusions and claims depend on the policy and individual circumstances. Other referral partners may be introduced where appropriate.
Your next step
Let’s start with your plans.
Book a conversation with InvestorKit. We’ll help you connect with Solace Life when you’re ready.