Critical illness & Trauma Cover
We may experience financial hardship as a result of a serious illness or injury to ourselves or a family member. Trauma insurance is designed to pay you a one-off lump sum to manage the financial impact if you or one of your children were to face one of these events. AIA have two trauma options to ensure if the worst was to happen you have access to much-needed financial support to cover whatever you need, like taking care of medical treatments or covering any rehabilitation costs.
Why take Trauma Insurance?
- In case you become critically unwell or injured, trauma insurance is ready to assist you:
- Eliminate or scale back your debt
- Offset lower levels of financial gain for Associate in Nursing income-earner once returning to figure following an important health problem
- Pay off medical bills just in case you probably did not have medical insurance (please note: Trauma Insurance isn’t a substitute for personal medical or health insurance)
- Creating money for Associate in Nursing emergency fund or money reserve
- Boosting retirement savings.
How much Trauma Insurance do I need?
When choosing what proportion Trauma Insurance you’ll take, you would like to strike the proper balance between the financial situation you want your family to be in when you are recovering and the affordability of the premium.
We typically advocate you must have a trauma cover similar to a minimum of 1-2 years of your earnings.
Let’s make Trauma Insurance simple, transparent, and stress-free.
Talk to a WealthGrow advisor today and take the first step toward protecting your loved ones with confidence.