Trauma insurance (also known as crisis cover or critical illness insurance) is not a widely understood cover. Many people don’t even know it exists. So, what is trauma insurance, when does it pay out ...
Trauma insurance provides for payment of a lump sum if the life insured satisfies the definition of an insured event under the policy so they can: n gain access to the best possible medical care and ...
MEDICAL bills and household expenses are the last thing you want to be struggling with after suffering a major illness. One of the newest types of personal insurance - trauma, or critical illness ...
Trauma insurance typically pays a lump sum when the insured suffers some sort of medical trauma such as heart attack, stroke or various forms of cancer But increasingly these medical traumas are not ...
While the buy-back structure within trauma insurance policies exists to benefit clients, Col Fullagar identifies a series of inconsistencies in how the facility is represented within the various ...
More than half of New Zealanders are likely to be alive five years after receiving a cancer diagnosis.1 But while more than half of families typically have life insurance, just 18 per cent have trauma ...
And unlike trauma insurance, both total and permanent disability and income protection insurances can be purchased within a superannuation account. Superannuation funds are not permitted to offer ...
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