Trauma Insurance Quotes
Each life insurance company assesses a person’s insurance application based on various factors, include the severity or frequency of certain medical conditions, as well as age, BMI and family history. The most practical way to know which trauma cover meets your requirements is to complete a trauma quote request and one of our consultants will send you a comparison report; comparing the premiums and features of the different critical illness policies available.
Published February 16, 2017
Compare, Save and Buy Trauma Insurance
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Key questions to consider when comparing quotes from different providers
Question 1
Is the policy a standard (only covers major trauma conditions) or a plus policy which generally includes the standard conditions as well as 10 – 15 additional conditions, making it more comprehensive?
Question 2
How many conditions am I covered for?
Question 3
For the most common conditions, based on your gender, how appropriate are the definitions? You’ll want the easiest definition to meet.
| Males | Females |
| Prostate Cancer | Breast Cancer |
| Melanoma’s | Melanoma’s |
| Strokes | Strokes |
| Heart Attack | Heart Attack |
| General Cancer | General Cancer |
Question 4
Is the premium stepped or level: Stepped premium policies can get very expensive in your 50 – 60’s (when you are most likely to claim on the policy)? Level premiums are more affordable in the long run.
Question 5
Does the policy provide built-in benefits (e.g. Free Life Cover buy Back, or Trauma Reinstatement, Free child cover…)?
How to compare trauma insurance quotes
Before you invest in a critical illness policy, you need to compare features and premiums side by side with the help of a specialist. Below are some tips to get you started:
- It is advisable to get a variety of trauma insurance quotes from various insurers, to ensure you can make an informed decision.
- Make sure you understand the major definitions and classifications of each quote.
- The harder the requirements are to meet the most severe the critical illness needs to be before you get your lump sum payout.
- Premiums can also increase as you get older due to the prevalence of serious health conditions.
- Your gender and smoking status can also contribute to your premium affordability, as well as the state you live in (stamp-duty), and your sum insured.
- It’s important you choose an appropriate amount of coverage that will meet your requirements and current lifestyle.
Trauma Insurance FAQs
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How much trauma insurance do I need?
When choosing the amount of cover you need, you must carefully assess how much risk you and your family are willing to bear and how much cover you can reasonably afford. Our trauma insurance calculator will help you determine the amount of cover you need at each stage of your life. -
Best Trauma Insurance
When searching for the best trauma insurance policy, you need to take your choice of trauma (plus or std) policy type into consideration, as well as the premium style. Combined policies cover both life and trauma insurance and can be a lot more affordable than stand-alone policies; level premiums are also more affordable over the long run. -
How much does trauma insurance cost?
The cost of trauma insurance is determined by a number of factors. Cost variables specific to trauma cover includes the type of policy you’ve chosen (Standard or Plus), whether you went with a combined vs. stand-alone trauma policy and if you added any additional trauma policy options, such as trauma reinstatement or double trauma.
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