Did you know that Australians are four times more likely to develop skin cancer than other forms of cancer? 

Melanoma is the third most common form of cancer in Australian men and women (10% of all cancers). Although it makes up only 2.3% of all skin cancers, Melanoma is responsible for 75% of skin cancer deaths in Australia.

With alarming statistics like this, would you have the adequate insurance cover in place if you, a loved one, or your child were to develop Melanoma?

Trauma Insurance (also known as Critical Illness) provides a lump sum benefit if the life insured is diagnosed with a specified illness or injury, such as Melanoma.

As a financial adviser in Toowoomba, many of my clients have initially declined the Trauma cover as they believed they had sufficient cover with a mix of comprehensive private health and medicare. WRONG.

Private health cover won't give you $100,000 to move so you are closer to a treatment facility or a holiday once you've recovered. Medicare won't cover any experimental drugs that a foreign country is trailing.

It was only after I explained that neither of those benefits provide a lump sum of money, they realised just how important a trauma policy was.

Each policy is slightly different and features different destinations so it's important to seek professional advice before applying for a policy.

As a qualified financial adviser, I am offering complimentary reviews of risk cover insurances. Often, these are hidden inside of your superannuation account and you may not even know you have them!

All you need to do is send me an email through our contact us page and we will get started on reviewing your family's safety net.