TRAUMA INSURANCE

TRAUMA INSURANCE

Why do I need trauma insurance?

Suffering a serious illness is devastating in any circumstances but the burden will be far greater if your financial security is also put at risk. A person suffering from one of the four main critical illnesses (heart attack, heart disease, cancer or stroke) has a nearly 50% chance of surviving for up to 10 years beyond the critical incident. However, in many cases, this involves a reduced working capacity and necessitates significant lifestyle changes and costs.

Let’s protect your family together.

Trauma insurance is designed to provide you with a lump-sum payment after having one of these illnesses. The lump sum can help reduce debt, pay for home modifications, provide additional care, create an investment fund to generate ongoing income or enable business ownership to be restructured, amongst other things. The purpose of the funds is entirely yours to decide.

Secure your world, your way.
Explore tailored trauma coverage that suits your life.

 FAQs

  • Health insurance typically covers medical expenses, hospitalization, and doctor visits. In contrast, trauma insurance pays a lump sum upon the diagnosis of a critical illness, providing a financial cushion to help policyholders manage various costs associated with their condition.

  • Yes, the lump-sum payment from trauma insurance can be used for any purpose. This may include medical bills, rehabilitation expenses, home modifications, debt repayment, or any other financial need that arises due to the critical illness.

  • Unlike income protection insurance, trauma insurance typically does not have a waiting period. Once the policy conditions are met, the lump-sum benefit is payable immediately.

  • Yes, you can have trauma insurance along with other types of insurance such as life insurance, income protection, or disability insurance. Each type of insurance serves different purposes and provides coverage for specific scenarios.

  • I have trusted my insurance needs to Craig Smith of Smiths Insurance & KiwiSaver for a number of years. They have served me and my family well, knowing that we are well covered with the best policy on the market if the unexpected was to happen.

    Steve Kennedy / Director, EQ Consultants

  • I have been working with Craig Smith as my insurance broker for the past 10 years and I have nothing but great things to say about him. He is knowledgeable, professional, and always available to answer any questions I have. He has helped me find the best insurance coverage for my needs at the best price. I highly recommend Craig Smith as an insurance broker.

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  • I have been working with Craig Smith as my insurance broker for several years now and I have always been impressed with his reliability and efficiency. He is always available to answer any questions I have and makes sure I get the best coverage for my needs. I highly recommend Craig Smith as an insurance broker.

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  • I have had the pleasure of working with Craig Smith as my insurance advisor. He was incredibly reliable and professional throughout the entire process. He was always available to answer any questions I had and made sure I was fully informed of all my options. I highly recommend Craig Smith.

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  • Craig Smith really adds value service and understands the industry well. Give him a try he won’t let you down.

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