Trauma Insurance

If you have illnesses and conditions that run in your family, wouldn’t it be logical for you to take steps to ensure it doesn’t paralyse your way of life?

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Greg made the whole process so easy – from our initial meeting where Greg then reviewed what insurances I had in place to a follow-up meeting where Greg presented options for me to consider based on what I wanted to achieve.

Lee, Wellard

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What is trauma insurance?

Trauma insurance or critical illness insurance is a lump-sum payment you make when you encounter a life-altering injury, or you are diagnosed with specific illnesses. Heart attacks, strokes, amputation, cancer, and Alzheimer’s are often covered by trauma insurance. It helps you to get back on your feet after such turmoil. The money you receive can be used for care, living expenses, debt payments, medical treatment, or to alleviate reduced work hours.

It is often bundled with other life insurances, but it can often be a stand-alone policy.

Why Choose Absolute Insurance?

Health is no laughing matter; you would want professionals with decades of experience to help you on your journey to finding the right insurance for you.

Absolute Insurance provides the best trauma insurance in Perth. With 20 years worth of experience under their belt, Absolute Insurance will be able to help you find the trauma insurance policy that fits your lifestyle and needs.

Do I really need trauma insurance?

In reality, we all need trauma insurance. It’s a tremendous failsafe, especially during these times when more and more of us suffer from significant illnesses at one point in our lives. And if you’re worried about a specific disease that runs in your family, or an ailment that you have a high likelihood of contracting, trauma insurance would be a great help for you.

Critical illnesses often take a massive toll on your lifestyle, especially on your finances. Not only are you forced to take time off from your work, but the expenses for rehabilitation and medical care will surely damage your financial structure.

Despite a physical recovery, the financial damage on you can take a toll. When you think about it, without insurance to back you up while you are down, picking up the pieces can prove too burdensome for the people you love and who rely on you.

What is the difference between TPD and trauma insurance?

Trauma insurance is often bundled with TPD insurance, and though they are similar, they differ in function.

Simply put, TPD insurance only pays you when you are unable to work indefinitely. On the other hand, trauma insurance helps you to get back on your feet once you are diagnosed for a specific range of critical medical events.

Can trauma insurance be held within super?

As of 2014, you can no longer purchase trauma insurance through your super, nor can they offer it to you.

What are the 30 critical illnesses?

  1. Heart Attacks
  2. Stroke
  3. Major Cancers
  4. Coronary By-pass Surgery
  5. Kidney Failure
  6. Paralysis
  7. Coma
  8. Heart valve surgery
  9. Deafness
  10. Blindness
  11. Loss of Speech
  12. Multiple Sclerosis
  13. Major Organ or Bone Marrow Transplant
  14. Fulminant Hepatitis
  15. Primary Pulmonary Hypertension
  16. Aorta surgery
  17. Alzheimer’s Disease or Severe Dementia
  18. Major Burns
  19. HIV
  20. Terminal Illness
  21. End-stage Liver Failure
  22. End-stage Lung Disease
  23. Muscular Dystrophy
  24. Parkinson Disease
  25. Bacterial Meningitis
  26. Angioplasty
  27. Viral Encephalitis
  28. Aplastic Anaemia
  29. Motor Neurone Disease
  30. Benign Brain Tumour
Greg Maguire

Greg Maguire

Greg is an experienced Insurance Broker based in Perth, WA. He holds an Advanced Diploma of Financial Planning from Deakin University and a Bachelor’s Degree from Edith Cowan University. He has been a member of the Chamber of Commerce & Industry WA since 2017. He likes giving back to the community so he's also part of Baldivis Rotary and Vice President of the local high school’s P&C (Parents & Citizens Association). Greg went into personal insurance brokering because he wanted to create a personal, one-to-one service that the larger, less efficient and less involved insurance firms simply can’t provide.

CLAIM YOUR FREE CONSULTATION

Want to find out more or not sure where to start? Get in touch for your free consultation. We’ll meet you at a Perth location that’s convenient to you to discuss how we can help you.