A SERIOUS ILLNESS can make your ability to continue to work very DIFFICULT, if not IMPOSSIBLE.
Major illnesses such as strokes or cancer aren’t covered under other insurances such as TPD, but these illnesses can have a major impact on you and your family’s life.
Trauma insurance pays out a set amount if you were to be diagnosed with a major disease or injury, such as cancer. This will help cover medical COSTS associated with the disease, which can easily reach into the hundreds of thousands, as well as;
- ongoing care costs
- home installations
- transport costs
- debt repayments
- provide an income stream if you had to stop working.
Combining trauma insurance with other insurances such as income protection and TPD insurance is a good idea, though can be tricky to navigate on your own. A financial specialist from YouFinance can help you choose which policy you need, and how much cover you may need.
Going it alone may mean you take out a trauma insurance policy which doesn’t cover certain diseases or illnesses, leaving you in a terrible spot if you were to be diagnosed with a major sickness such as cancer or stroke. The YouFinance team will make sure you know what you are covered for, and will make sure you have enough cover for you and your family if the worst were to happen.