What’s the difference between Trauma and Health Insurance?

If you’re considering how to best protect your financial future, you might be wondering why you may need Trauma Insurance if you already hold Private Health insurance.

While both types of insurance can be extremely valuable if you become seriously ill or injured, they are designed to help you in very different ways.

What Private Health insurance does

When you have Private Health insurance, the insurer helps to cover the cost of medical treatment by paying the service provider directly.

Unlike in the public system, you most likely will be able to choose your own doctor, surgeon and hospital, and you likely won’t have to wait long to be treated. You can also access specialist treatments like physio which may not be covered by Medicare.

In other words, Private Health insurance is designed to help take care of your immediate health needs only.

Why Trauma Insurance is different

With Trauma Insurance, a lump sum payment is made directly to the Life insured on confirmation of the diagnosis of one of the listed medical conditions, regardless of whether it can be successfully treated or not.

This payment can be used in any way you like. For example, it can help cover out-of-pocket medical costs, mortgage or rent payments, ongoing household bills, education expenses, or any other ongoing day-to-day living expenses.

In summary, while Private Health insurance is an important safeguard which can assist with your immediate health treatment costs, the lump sum payment provided by Trauma Insurance can ease the financial burden for you and your family over the longer term.

Benefits of NobleOak’s Trauma Insurance

High cover levels

You can apply for up to $2 million cover, without having to go through a financial adviser. That’s much higher than most direct insurers.

Low premiums

We don’t pay fees or commissions to advisers. That means lower premiums for you.

Fully underwritten cover

We take the time to get to know you upfront, so we can tailor your cover and premium. That gives you more certainty at claim time.

Please note that the information we provide is not advice but general information only.



Private Healthcare Australia 2015, ‘Private Health Insurance Membership – September 2015’, viewed 23 February 2016

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