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#everyoneneedsaplan to know how much trauma insurance you need

Posted by G. Dean McKinnon on 28 March 2018

HOW DO YOU KNOW HOW MUCH TRAUMA INSURANCE YOU NEED?

It really depends on your individual circumstances.  You should consider how you are going to meet your expenses if you suffer a trauma, these may include:

  • Net medical expenses (after Medicare and Private Health insurance rebates)
  • Bills and existing debts (home loan/rent)
  • Rehabilitiation expenses (so you can choose your own rehabilitation plan)
  • Extended convalescence (one years salary)
  • Employing domestic help (housekeeper/nanny/nurse)
  • Home alterations (wheelchair access)
  • Medical contingencies (overseas medical treatment)
  • Family contingencies (child education)
  • Emergency cash requirements (unexpected costs and expenses)

We can help you work through these expenses and assess how much trauma insurance you need, taking into consideration your income and provide suitable options for your circumstances.

Don't forget - your first appointment is free!

Author:G. Dean McKinnon
Tags:Insurance

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