As a parent or guardian, your primary responsibility is the health and safety of your child. Select insurers may offer life insurance and trauma insurance (also known as child cover) for children as an additional option to your life, TPD or Trauma Cover Policy, extending insurance protection to more of your family.
What is child trauma insurance?
What does Child cover include?
Trauma Insurance with Child Cover Included
- Free Child Cover up to $20,000
- Insure Multiple Children
- Additional Cover up to $200,000
- Additional Built-in Features
A summary of general critical illnesses is included in the below table:
Cancers and Tumours:
Benign Brain Tumour
Benign Tumour of the spine
Nervous system disorders:
Meningitis and or meningococcal disease
Body organ conditions:
Chronic kidney failure
Major organ transplant
Major head trauma
Loss or paralysis of limb
Please consult the relevant PDS for a more detailed explanation of what trauma conditions and illnesses are covered by each insurer.
Who can apply for child trauma insurance or child cover?
What are the benefit amounts available?
Select insurers offer up to $10,000 – $20,000 of free cover for each child covered under the policy.
Additional or paid cover:
Most companies offer a paid option where you can ensure each child up to $200,000, however most of them will only allow you to have the same sum insured for all your children.
How does the Child Life Insurance option work?
How much does child cover cost?
In some cases, insurers may offer a child trauma discount if you take out the cover above a certain amount.
Products with Free Built-In Child Cover
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Products with Optional Child Cover Added
|Insurer||Amount of Adult Cover||Amount of Optional Child Cover||Premiums*|