How does the Trauma Benefit work?

The Trauma Benefit will be paid if a medical practitioner diagnoses a life insured with any of the 22 defined serious medical conditions (listed here). If a condition on the list appears with an asterisk (*) a 90-day qualifying period applies. This means the condition is not covered if it first occurs, becomes reasonably apparent or is first diagnosed in the 90 days after your policy start date, reinstatement date or benefit increase date. Each condition must meet its specific definition under ‘Definitions of the terms in this PDS’ on page 36 of the Product Disclosure Statement and Policy Document. 

At the time of your policy start date, a life insured’s Trauma Benefit amount is equal to 30% of their Death and Terminal Illness Benefit amount. Contact us if you would like to change this amount. For more information please click here or refer to the Product Disclosure Statement and Policy Document.