What is trauma insurance and what do I need to know if I am considering getting it?
- Written by Tania Driver, Lecturer in Financial Planning, James Cook University
Photo by Michelle Leman/Pexels, CC BYTrauma 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 and how is it different to private health insurance?
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Read more: What is trauma insurance and what do I need to know if I am considering getting it?