Do I Really Need Trauma Cover?

Written By Tim Grapiglia

A Have you ever thought about how you would cope financially if something happened to you?

Scarborough, Perth Financial Planner Tim Grapiglia explains Trauma Cover, how it protects you and why it matters to Australians.

1. What is Trauma cover?

Trauma insurance (sometimes called Critical Illness cover) pays a lump sum if you’re diagnosed with a major medical condition such as cancer, heart attack, or stroke.

Unlike Income Protection, it’s not about replacing monthly income, it’s an immediate cash injection to help you recover.

2. Why does it matter?

For families throughout Scarborough and Australia: Trauma cover bridges the financial gap during treatment. It allows you to pay medical costs, cover childcare, or let your partner take time off work to support you.

For singles: It gives you choices, like funding private treatment, flying family interstate to help, or simply covering rent and bills while you heal.

3. What does Trauma usually cover?

Most policies cover around 40+ serious conditions. The most common claims in

Australia are:

  • Cancer

  • Heart attack

  • Stroke

  • Coronary bypass surgery

  • Major head trauma

4. Questions to ask yourself:

  • If I was diagnosed tomorrow, could I afford time off without income?

  • Do I want the choice of private hospital treatment or overseas options?

  • How would I keep my lifestyle and independence during recovery?

5. A quick story

A 42-year-old mum of two was diagnosed with breast cancer. Her Trauma cover paid

$200,000. She used it for treatment not fully covered by Medicare, hired extra

childcare, and let her husband take unpaid leave. The financial relief meant she

could focus on recovery, not bills.


Ready to take the next step?

Ask yourself: Would I want choices and freedom if I was seriously ill? If yes, let’s talk about tailoring cover for you.

General advice only; consider your circumstances before acting.


Written by Tim at EvolvU.

Insurance made simple.
Protection made personal.

Looking into Trauma Cover and wondering about Total & Permanent Disability Cover too?
Check out: Do I Really Need Income Protection?

Tim Grapiglia
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Do I Really Need Total & Permanent Disability (TPD) Cover?