How to Find an Affordable Trauma Insurance Provider - Insurance Consultant Reveals SecretsWritten on the 10 August 2013 There are many reasons why people might require trauma insurance but the underlying, driving force is always to provide peace of mind and financial security during a difficult time, such as when a critical illness such as cancer is diagnosed. Trauma insurance can’t take the emotional pain away but it can soften the financial blow. The insurance provider awards the policy holder with a lump sum that the recipient can use to buy anything they want without the insurance company making any demands on how the money should be spent. Trauma insurance is often offered in addition to term life policies. Steve Culpitt, Financial Planner of Arrow Focus on Wealth Pty Ltd says, “If diagnosed with a critical illness or crisis, trauma insurance can relieve the financial difficulties of a tragic situation. Unlike income protection insurance, which is dependent on the inability to work, trauma cover is paid out on the diagnosis of a defined critical illness regardless of working status.” Steve continues, “Instead of receiving a monthly income stream, policy holders are paid a lump sum that they can spend on whatever they like – medical bills, the mortgage, an overseas trip, even a new car. The insurance company makes no demands on how the money is spent.” Arrow provides financial advice for individuals and businesses to help them find the right policy and an insurance provider that will be there for them when they really need it. Whether Arrow delivers the expert insurance advice directly or facilitates the delivery of specialist advice via one of their growing group of alliances, Arrow consultants abide by some key guiding principles:
In addition to trauma insurance, Arrow also provides expert advice on life, accident, sickness, disability, income protection and permanent & total disability insurance as part of their Financial Planning and Wealth Creation strategies. Steve and his team of financial advice professionals are committed to helping their clients identify their needs and find the right company that meets their requirements so that they’re not alone when they’re most in need. To find out more about Arrow and how they can make the search for the right trauma insurance policy easier without any additional costs, contact us. This material is not intended to constitute personal advice and must not be relied upon as such. This material is of a general nature only and has been prepared without taking into account your individual objectives, financial situation or needs. You should consider the appropriateness of this material having regard to your objectives, financial situation and needs and consider obtaining independent advice from a licensed financial adviser |