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What is trauma benefit insurance?

Trauma benefit insurance helps to take the financial stress away so that you can concentrate on getting better.

With this type of insurance you are paid a lump sum if you suffer a specified trauma event. This lump sum payment can help pay for things like:

  • Private medical costs that are often associated with serious illness or injury.
  • Mortgage payments, or repay the full mortgage.
  • Financial help while you are out of the workforce.