Know anyone who has
had a heart attack or cancer?
How many people do you know who have had a heart attack? Or a cancer scare? Or a stroke?
Many of your friends have already been up against one of these things (and as we get older, the numbers increase).
That’s one statistic out of the way. Another is that most of them would not have been insured against it. Which, you might think, is OK as long as they survive.
It’s not. Because the time you spend recovering from a serious illness is the time when you need income to pay debts, doctors, nursing costs – but you can’t earn it because you’re still sick.
Trauma insurance is our way of covering this. It’s not life insurance: you don’t have to die to collect. And it covers you against about 40 serious illnesses.
If you do get sick, the benefit is usually paid as a tax-free lump sum. You can use this in whatever way you want. Illnesses have a way of generating expense that may limit your choices, but at least with trauma insurance you will have choices, and money to spend.
If you are able to return to work in a limited way, you can use the money to help generate some extra income.
You may never have thought about this. But you’re thinking about it now. That’s the first step.