360Private

Wed07Dec2016

What about the kids?

Written by The Risk Team

Risk Trauma Child Cover

Parents naturally want to make sure that their kids are safe, secure, and healthy, and they will always want to be there for the if they're not. But what happens if your child is seriously injured or struck down with an illness and they need more of your time than your current situation allows? How do you take time off away from work to care for them whilst at the same time juggling the costly expenses of hospital visits, surgeries, and medications, without reducing your income?


Serious illness and inury to children impacts the family unit not just emotionally, but financially as well. You probably have trauma cover for yourself, but what about your children?

Child trauma policies cover a number of events and provide a lump sum payment, giving your family much needed financial relief so that you can concentrate on what is most important - your child's recovery.

Benefits will vary from provider to provider, but most policies will cover the following insurable events:

  • Cancers and tumours;
  • Open heart surgery;
  • Intensive care;
  • Major head trauma;
  • Disabilities such as loss of limbs, sight, or hearing, loss of speech, and paralysis;
  • Major organ or bone marrow transplant;
  • Major burns;
  • Serious diseases such as Encephalitis, Meningitis, and Meningococcal Disease;
  • Failure or disease of specified organs.

Child trauma policies are usually available for your financially dependant children aged between two and fifteen and, whilst some insurers allow a nominal amount (i.e. $10,000) of premium-free cover on the proviso of the paren(s) having trauma cover, you can also choose to insure your child up to a higher maximum limit, pending approval from your provider.

During such a stressful time, child trauma cover can provide parents the relief of knowing they can give their child their undivided attention, without compromise, at a time when they'll need it the most.

Talk to use today about child trauma cover for your family.

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