Trauma provides a lump sum in the event of a diagnosis insurable condition, eg. cancer, stroke, and heart attack.
Trauma is sometimes referred to as Critical Illness. There is a range of policies in the market that cover over 40 medical definitions including blindness, severe burns, loss of speech or deafness. The sum insured provides options in stressful situations by allowing you to reduce debt, pay for specialist medical requirements, house modifications or use to meet your personal requirements.
Susan is a 32-year-old stay-at-home mum with one young child. Susan is diagnosed with young-onset Parkinson’s disease, after suffering uncontrollable tremors in her hands and arms.
Susan and her husband Derek had both taken out various personal insurances, including Critical Illness insurance, when they had their first child three years ago.
Upon formal diagnosis by a specialist, Susan was able to make a claim on her critical illness policy and received a benefit payment of $200,000.
This payment allowed Elaine to focus on her treatment, without having to worry about how her young family was going to cover her immediate and future medical expenses.
The Financial Services and Credit Guide contains information that will help you decide whether to use the financial services we offer.
Austbrokers Countrywide Life Pty Ltd
Corporate Authorised Representative Charter Financial Planning Ltd Australian Financial Services License No. 234665 ABN 28 152 479 162
FINANCIAL SERVICES AND CREDIT GUIDE
Issued: 1 June 2023
Austbrokers Countrywide Life Pty Ltd ABN 28 152 479 162 is a Corporate Authorised Representative of Charter Financial Planning Limited ABN 35 002 976 294 Australian Financial Services Licensee Licence number 234665.
Principal Address: Quay Quarter Tower, 50 Bridge Street Sydney NSW 2000
This website contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.
The Authorised Representative provides you with advisory services in accordance with the disclosures in the Financial Services and Credit Guide. Charter Financial Planning is responsible to you for all conduct. www.charter.com.au
Information provided on this website is general in nature and does not constitute financial advice. Austbrokers Countrywide Life Pty Ltd will endeavour to update the website as needed. However information can change without notice and Austbrokers Countrywide Life Pty Ltd does not guarantee the accuracy of information on the website, including information provided by third parties, at any particular time.
Every effort has been made to ensure that the information provided is accurate. Individuals must not rely on this information to make a financial or investment decision. Before making any decision, we recommend you consult a financial planner to take into account your particular investment objectives, financial situation and individual needs. Austbrokers Countrywide Life Pty Ltd does not give any warranty as to the accuracy, reliability or completeness of information which is contained in this website. Except insofar as any liability under statute cannot be excluded. Austbrokers Countrywide Life Pty Ltd, its employees and authorised representatives do not accept any liability for any error or omission on this website or for any resulting loss or damage suffered by the recipient or any other person.