If you were affected by a serious illness, how would you, or those who depend on you, manage financially?
Trauma Insurance, sometimes known as Crisis Illness Insurance or Crisis Recovery Insurance, pays a benefit to the life insured on diagnosis of a specified medical condition. Trauma Insurance is designed to provide a lump sum payment to enable you to recover from a trauma or crisis such as cancer, heart attack, stroke or any number of life threatening illnesses outlined in the policy schedule.
We all tend to think that these are things that happen to other people. But we all know of someone that has been afflicted by a traumatic illness, whether it be one of the many forms of cancer or heart attack or by-pass surgery, etc. All of us have seen in others that the stress of a traumatic illness can be exacerbated by the need to meet medical expenses, lifestyle changes, the payment of bills, mortgage, amongst other things. It can happen to anyone.
The payment of a lump sum trauma insurance benefit allows you the freedom to concentrate on recovery without the attendant financial stress. The medical conditions that your Trauma Insurance policy will cover, will depend on how comprehensive you would like your cover to be. FCA can assist you with a range of trauma policies that you can choose from.