Insurance / Life & Disability Insurance / Trauma Cover
As much as we can plan ahead, we are all susceptible to unexpected life changing events. A traditional Trauma insurance shall pay a lump sum to you or your children if diagnosed with a critical illness or injury. The lump sum benefit can assist you and your family cope with the recovery from an illness like cancer or a heart attack.
With significant advancements in the medical industry across the world, the average life span of an individual has improved. Hence, some insurers have evolved a severity-related trauma product to meet your needs throughout their lives. Unlike a traditional trauma, Progressive Trauma has no expiry age and enables you receive multiple claim payments if the severity of your medical condition worsens or if suffered from an unrelated medical condition. The payments could be used to pay for specialist care, rehab. Costs or provide financial support to loved ones.