Trauma
Trauma Insurance helps reduce your financial worries by paying a cash lump sum if you develop certain conditions or suffer certain medical events. Trauma insurance pays you a tax free lump sum for a range of specified life-threatening illnesses or injuries. There are no restrictions on how the payment is spent. It can be used to cover out of pocket expenses such as a home carer or nurse, replace lost income and / or fund any lifestyle changes you or your family need to make.
For Women, a Trauma policy covering specific female events such as breast cancer, is an important option. This cover provides a lump sum payment which may assist with medical expenses and the mortgage. Breast cancer is the most common invasive cancer among Australian women, such that 1 in 11 Australian women is likely to be diagnosed with breast cancer by the age of 75. It is also the most common cause of cancer related death in women in
Some alarming facts about women’s health:
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One in four women will contract cancer before age 75
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Every woman is at risk of breast cancer: less than 10% of all breast cancers happen because of inherited genetic mutations
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Women have a one in four chance of suffering a critical illness between the ages of 30 and 64
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Women have a one in four chance of suffering a mental illness before the age of 65
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After the age of 40, women have a one in three chance of suffering from heart disease