Protecting Your Finances When Life Takes an Unexpected Turn
None of us like to imagine facing a serious illness or medical trauma, but the truth is—it can happen to anyone. And when it does, the last thing you want to be worrying about is money.
What is Trauma Cover?
Trauma cover (also called critical illness cover) provides a lump-sum payment if you're diagnosed with one of the specified serious medical conditions. This includes major health events like cancer, heart attack, or stroke—conditions that could stop you in your tracks physically, emotionally, and financially.
Unlike life insurance, trauma cover is designed to support you while you’re still alive, helping relieve the financial pressure so you can focus on recovery.
Why Consider Trauma Cover?
A serious illness doesn’t just affect your health—it can impact your income, your independence, and your family. Trauma cover helps bridge the financial gap during treatment and recovery by giving you:
Freedom to rest and recover without worrying about work
Help covering medical or rehabilitation costs not funded by the public system
Support for everyday living expenses if your income drops
Funding for family bonding such as family vacation during a stressful time
Options to pay off debt, cover childcare, or even fund alternative treatments
It’s about giving you choices and breathing room at one of life’s toughest moments.
A Real-World Example
We’ve seen firsthand how trauma cover can change the story. One of our clients, a young mum, received a trauma payout after a cancer diagnosis. That lump sum gave her the financial freedom to step back from work, focus on her treatment, and spend time with her children—all without worrying about the mortgage or bills piling up.
Trauma Can Happen at Any Age
While we often associate critical illness with older age, serious health issues can arise even in your 20s, 30s, or 40s. Currently the average age of a Trauma Claim is 46. In fact, it’s often more financially devastating for younger people who haven’t built up savings or long-term assets yet.
The younger and healthier you are when you take out cover, the more affordable and comprehensive your protection can be.
Let’s Talk About What’s Right for You
At New Vision Financial Services, we tailor trauma cover to suit your lifestyle, goals, and budget. We’ll help you understand the options and ensure you’re prepared—not just for the unexpected, but for peace of mind.
Amy Callon
Financial Adviser
New Vision Financial Services
Plan your future and let us help you have peace of mind along the way.