Trauma Recovery Insurance
What is Trauma Recovery Insurance?
Trauma Recovery Insurance, also known as Critical Illness Insurance, provides a lump sum payment if you’re diagnosed with a serious illness or injury that significantly impacts your ability to work or manage daily activities. This cover helps ease the financial burden associated with over 50 different critical conditions, including heart attacks, strokes, cancers, neurological disorders, cardiovascular conditions, and other life-threatening illnesses, allowing you to focus on your recovery without financial strain.
Silverstone Financial will help you in this process from start to end, offering expert guidance to help you understand your options, ensure the best coverage for your needs, and manage the claims process efficiently when the time comes.
Why Do I Need Trauma Recovery Insurance?
Experiencing a serious illness or injury can have significant financial implications. Trauma Recovery Cover offers financial support to help you during this challenging time. Here’s why you might consider it:
Medical Treatment Costs
Access to private medical care and treatments not covered or delayed by public health services.
Income Replacement
Compensate for lost income if you’re unable to work during your recovery.
Lifestyle Adjustments
Cover costs for necessary lifestyle changes, such as home modifications or hiring help.
Debt Management
Assist with repaying debts like mortgages or personal loans.
Assist with repaying debts like mortgages or personal loans.
Return Home Benefit
If you’re overseas and diagnosed with a covered condition, this benefit helps cover the cost of returning to New Zealand.
Additional Benefits of Trauma Recovery Insurance
- Lump Sum Payment
A lump sum payment upon diagnosis of a covered critical illness, providing you with financial support during recovery.
- Wide Coverage
Covers a range of major illnesses, including cancer, heart attack, and stroke, among others.
- Tax-Free Benefits
The payout you receive is typically tax-free, ensuring you receive the full benefit.
- Cover for Serious Injurie
In some cases, trauma recovery cover may include compensation for serious injuries, helping you recover financially.
How to Claim Trauma Recovery Insurance?
To make a claim under your Trauma Recovery Insurance:
-
Notify Your Silverstone Financial
Services or Your Insurer
Contact your insurance provider as soon as you’re diagnosed with a covered condition.
- Required Documentation
Submit necessary medical records and any other required documents.
- Claim Assessment
The insurer will assess your claim based on the policy terms and conditions.
- Receive Payout
Upon approval, you’ll receive the lump sum payment to assist with your recovery.
Why Choose Silverstone Financial for Trauma Recovery Insurance?
At Silverstone Financial, we go beyond policies — we support your recovery journey with empathy and expertise.
Health-Focused
Advice
We understand the emotional and financial toll of critical illnesses, and guide you toward trauma cover that truly supports recovery.
Tailored Trauma
Benefits
From cancer to heart attacks and strokes, we help you choose cover that reflects your unique health risks and lifestyle.
Fast & Compassionate
Claims Help
We act quickly and compassionately when you need to claim, making the process as stress-free as possible.
Support That
Evolves
As your health and family life change, we’re here to review and adjust your cover accordingly.