Trauma is an excellent benefit to provide crisis cash if an employee is unable to work because a trauma condition is suffered. The cash can be used to sustain the employee’s family whilst they are unable to work or to fund alternative medical treatments that may not be available through the public health system or through private insurance contracts.
The most common causes of Trauma claims are Heart attack, Cancer and Stroke with approximately 90% of Trauma claims arising from these three conditions. Most Trauma policies provide cover for around 40 different conditions.
Group Trauma cover provides employees funds in the short term with the hope they can recuperate quicker and therefore return to work sooner. And like other Group insurance policies, cover can be provided to all eligible employees as long as minimum group numbers are met with cover automatically accepted up to high levels without the need for applications and medical underwriting.