Focus on your health, not your finances. Trauma cover pays a lump sum if you're diagnosed with a serious illness like cancer, heart attack, or stroke.
A cancer diagnosis, a heart attack, or a stroke changes everything — not just your health, but your finances too. Even with Medicare, the out-of-pocket costs for treatment, specialists, medication, and recovery can be staggering.
On top of medical costs, many people want to take time off work to focus on recovery, reduce stress, or spend time with family. Without financial support, that's often not an option — and the pressure of money worries can make recovery harder.
Out-of-pocket cancer treatment costs can exceed $10,000–$50,000+
Specialist consultations, scans, and medications add up fast
Many people want to reduce work hours or stop entirely during treatment
Emotional stress is compounded by financial pressure
A lump sum when you need it most — no questions about how you spend it.
Trauma cover (also called critical illness insurance) pays a one-off lump sum if you're diagnosed with a specified serious medical condition — such as cancer, heart attack, stroke, coronary artery bypass, or major organ transplant.
Unlike income protection, trauma cover pays out regardless of whether you can still work. The money is yours to use however you need — medical bills, time off work, a holiday to recover, or simply reducing financial pressure while you focus on getting better.
Most policies cover 40+ conditions. We compare across 10+ leading Australian insurers to find the right level of cover and the broadest definitions for your situation.
40+ conditions covered
Cancer, heart attack, stroke & more
Lump sum payout
Use it however you need
Pays even if you can work
Based on diagnosis, not disability
With trauma cover in place, a serious diagnosis doesn't have to mean financial crisis. You get a lump sum to cover treatment costs, take time off, and focus entirely on getting better — without the added stress of wondering how you'll pay for it all.
It's the cover that lets you fight the illness — not the bills.