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What Is Trauma Insurance?



Trauma insurance is one of those what-if policies that you don’t ever want to need, but could potentially save your life. Trauma insurance is designed to pay out a lump sum after an injury. It can be used for any type of injury, from a dog bite to a fall, but it is typically purchased by people in their 30s and 40s who have young children and a mortgage. An individual can purchase up to $100,000 worth of coverage through a long-term care policy or through a stand-alone policy from an insurer. If you decide not to get trauma insurance at all, then you should have enough savings set aside to cover any potential costs that might arise from an accident.

They typically cost depending on your age, location, and health. It’s important to note that trauma insurance isn’t meant to replace health insurance—it just kicks in when your normal coverage runs out or if you can’t get it anymore because of a pre-existing condition. So while some people think they don’t need trauma coverage because they have standard health insurance, it doesn’t hurt to have one anyway.

If you’re concerned about protecting your family’s future, consider adding a trauma insurance quote to your portfolio. Trauma insurance covers lost wages, funeral costs, and other associated expenses if you are unable to work due to an injury. Many people have critical illnesses—like cancer or heart disease—that could potentially put a financial strain on their families after they pass away. Adding trauma insurance to life or disability coverage can help ensure that your family will not suffer in these circumstances. If you stay in a place with high crime rates, trauma insurance may be especially important for your family.

How Do The Insurance Companies View You As A Risk?

In a perfect world, you’d be able to analyze your chances of being involved in an auto accident and adjust your insurance accordingly. But we are not in that perfect world. If we did, I wouldn’t feel like such a freak for needing trauma insurance. The only thing more obnoxious than needing it is admitting that I need it – and I’m willing to bet there are others out there who feel as weird about buying trauma insurance as I do. It would be nice if accidents were something that could be predicted and avoided but they can happen at any time and anywhere which is why everyone needs car insurance no matter how good of a driver they think they are.

When you buy insurance, you’re essentially paying someone else to protect you from harm. It sounds good. After all, who doesn’t want an extra pair of eyes watching out for them? Unfortunately, insurance companies can see their customers as potential liabilities instead of human beings with lives at stake. If you’ve ever been refused coverage for trauma because of something like obesity or mental illness, consider joining a legal class action against your insurer. This approach could help prevent these kinds of discrimination in the future and ensure that everyone gets affordable care when they need it most.

Conditions Covered By Trauma Insurance

Trauma insurance covers injuries or illnesses that aren’t pre-existing, due to either an accident or medical condition, and may require prolonged hospitalization and rehabilitation. This coverage might also pay for necessary home health care and long-term nursing care. Personal Injury Protection: Personal injury protection also known as PIP can help pay for injuries you suffer in a car accident, regardless of who caused it. It may cover your medical bills; replacement services; funeral costs; survivor benefits if you’re killed in a crash; and other costs related to your recovery from an accident, such as lost wages and income benefits.

Get In Touch

If you want to discuss or learn more about how investing in trauma insurance can benefit your company, please get in touch. We’re happy to share all of our trauma insurance quote insights with you, and invite you to come to see us at one of our events. We look forward to speaking with you! All insurances are subject to underwriting approval. To speak with an independent expert on commercial insurance policies, call us today.


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