Child's Trauma Insurance
How would you or your partner cope financially if your child suffered from:
Loss of sight
Major organ or bone diseases
Child Trauma Insurance pays a lump sum payment in the event that any of your children suffer a specific eligible medical condition or pass away. To ensure you and your family are financially protected, Child Trauma Insurance provides funding to cover medical & rehabilitation expenses.
It typically covers children aged between 2 and 18 and premiums are much lower than the traditional adult trauma insurance. When a child is seriously ill or injured, parents will no doubt take on the role of carer. In turn, this will reduce the family’s income at the wrong time as additional money is required for the medical care of the child. It’s a safety net to make sure you have enough funds to take the time you need to spend with your family.
If you would like to know more about protecting your children, then contact us at OnTrack Wealth. We are always available for a chat.