According to the Cancer Council, over 300 people today alone will receive the shocking diagnosis of a life-threatening cancer. Over the course of a year, over 125,000 new cases of cancer will be diagnosed in Australia, with 1 and 2 Australian men and 1 and 3 Australian women told they have cancer by the time they reach 85 years old.

Unfortunately, the reality is many of us will suffer a serious illness such as cancer during our working lives, but fail to have a plan in place to cope with the lifestyle changes this could bring. A serious illness entails taking an indefinite period of time off work, whether it’s paid employment or managing your home. Likewise, your partner may have to take time off work to aid in your recovery, which could further impact your entire family financially.

Budget Direct Trauma & Trauma Plus Cover pays a lump sum benefit should you suffer a serious illness or injury, which means you wouldn’t have to sell your assets or drain your savings and investments should you need an indefinite period of time for recovery. The lump sum benefit could be used for everyday living expenses, such as rental or mortgage payments, car payments, bills, school fees, and groceries. Most importantly, it could also be put towards in-home assistance, such as a professional carer or housekeeper, childcare, rehabilitation, or additional medical expenses to ensure that you and your loved ones continue to be looked after.

Applying for Budget Direct Trauma or Trauma Plus Cover as an add-on to your Budget Direct Life Cover is an easy process conducted over the phone. With competitive premiums and the choice between Budget Direct Trauma or Trauma Plus, there’s cover to suit a range of household budgets and situations.