Karen's Trauma Insurance Story

Karen was diagnosed with breast cancer.

Karen was a healthy and active woman in her early 40’s. Married with 2 teenage children, she was busy with the children, loved the gym and had her own business. After a review of her insurance needs, is was decided to add a Trauma Insurance policy. This policy provided protection in the event of a diagnosis of a specified medical condition. Just 3 years after taking out her policy, the unexpected happened. Karen was diagnosed with breast cancer. Karen's medical condition satisfied the definition of cancer under her trauma insurance policy and she was eligible to claim her benefits.

The cancer was not only a huge shock but also caused Karen a great deal of stress and worry. Not only did she need to consider how the illness would effect both her and her family’s future, but she was also concerned about her business. However the lump sum payment paid shortly after her diagnosis, gave Karen the opportunity to reduce some debts, employ a housekeeper, pay for a manager to help in her business and take time off work with her family to consider her future and personal wellbeing. She also had the funds available to consider the best treatment plan. After surgery and a full course of radiation therapy, Karen is recovering well and has a excellent prognosis for the future. The best news is that money is not a concern and Karen's thoughts are on getting well again.

The above trauma insurance story is an illustration of life insurance in practice. While it is not a real case, some details are based on a true case. This information is also general information only and policies vary depending on the company and benefits chosen at time of application.

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