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Life is full of surprises – good and bad. But there are some things in life over which you have little or no control, no matter how hard you work. Things like serious illness, injury, disablement and even death.
Almost everyone knows of someone who has suffered a heart attack, stroke or someone who has been diagnosed with cancer. 1 in 2 men and 1 in 3 women will be diagnosed with cancer before the age of 85*. And these days, due to medical advances, we have a greater chance of surviving a serious medical condition.
So there’s a real chance it could happen to you. That’s why it’s important to protect yourself and your loved ones from financial burden if something happens to you.
Trauma insurance can assist
Trauma insurance can help you manage this financial risk, by providing cover for major medical conditions, including cancer, multiple sclerosis, heart attack and even blindness. It can help you focus on recovery rather than financials, by paying a tax free lump sum if you suffer a serious medical condition.
* Tracey E, Alan N, Chen W, Bishop J,. Cancer in New South Wales: Incidence and Mortality 2007.
Important Information
The above information provides an overview or summary only and it shouldn’t be considered a comprehensive statement on any matter or relied upon as such. The above information doesn’t take into account your personal objectives, financial situation or needs. It’s important for you to consider these matters before making any financial decision and I recommend you seek help from a financial adviser.