Although it’s not a subject anyone likes to talk about, it is worth considering if you need to take out Trauma Insurance. Asteron Life, a major insurer within Australia has reported that 5% of people in their 30’s will make a trauma claim and increasing to 65% for people int heir 40s.
Trauma insurance will cover you if you get a serious accident or medical condition such as cancer, heart attack or stroke and will pay you a once-off lump sum that can be used for any purpose. .. Continued