Trauma Insurance (also known as Critical Illness or Recovery Insurance) provides a set lump sum payment in the event you are diagnosed with a specific medical illness such as a stroke, heart attack or cancer.
In order to receive a claim, each trauma/illness has defined and very specific medical conditions that must be met and benefits are only paid for events listed by the specific policy. Trauma Insurance policies cannot be purchased through your superannuation fund.
Infinity Wealth Solutions advisers can help you choose the best Trauma Insurance Policy for your circumstances and help you lodge your Trauma Insurance claim should the time come.
Our industry experts can help you navigate the complexity of Product Disclosure Statements, claim forms and liaise with your medical professionals and insurance fund to ensure your Trauma Insurance claim is processed as quickly and fairly as possible.
Trauma Insurance payouts can be used in a variety of ways, such as:
- Covering medical costs
- Paying for treatment or rehabilitation
- Employing a home carer
- Assisting with living costs while recovering
- Making modifications to your home, or
- Purchasing mobility aids (e.g. a wheelchair)
Call Infinity Wealth Solutions today and see how we can help you process your Trauma Insurance claim.