In a recent survey, approximately 25% of people who have some kind of life insurance were grossly under-insured. In other words, if you were to have an accident you would not be able to cover as many expenses with Income Protection as they could have. Some things to consider when taking out Trauma cover is how much trauma cover will I need? Trauma can be many different things, It could be a shattered knee, or it could be a stroke. These type of events generally require a fair amount of time off from work, and in some cases you wouldn’t be able to return to work. The most important thing you can do for you and your family is to make sure you are adequately covered if in the event you are injured you won’t have to worry about how to pay for the bills.
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