Critical illness or trauma policies pay a lump sum in the event of an injury or sickness as defined in the policy.

Trauma policies are not intended to replace having private health insurance but rather are designed to ease any financial burden that will arise upon such an event occurring.

These policies tend to have a high rate of claim which vindicates the alarming statistics on the likely hood of Australians suffering a trauma event.

There is a wide range of product choice covering numerous events but most claims are paid for cancer and heart attacks.

Expert advice is needed to ensure proper product choice and appropriate benefits for your specific circumstances.