Important Disclosure

Our mission at ComparingExpert is to provide our users with free information and tools that empowers you to make decisions with confidence. We may be paid when readers visit links, purchase products or services from partners listed on this site.

You do not pay any extra for using our service.

While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products.

Please don’t interpret the order in which products appear on our site as any endorsement or recommendation from us. compares a select range of products, providers and services, but we don’t provide comparisons or information on all available products, providers or services. There may be other options available to you than the products, providers or services covered by our service.

Trauma Insurance

Free Online Comparison of Critical Illness Insurance in Australia

Get quotes from a range of trustworthy insurance brands

  • TAL
  • AIA
  • MLC
  • OnePath
  • Zurich
  • ClearView
  • NEOS
  • Metlife
  • Encompass

Compare Trauma Insurance Quotes

Protect what’s most important to you. It’s easy, convenient and free!

Please select your level of cover
Please select your occupation
Please select your age
Please select your gender
Please select your smoking status
Please select your state
Please enter a valid email
Please enter a valid mobile number
Please enter your full name, ie. John Smith

By clicking ‘Compare & Save Now’, you are accepting our Terms of Use, Privacy Policy and consenting to us contacting you about the products and services provided. Please consider the PDS before purchasing any products.

Call 1300 743 254
  • TAL
  • AIALife
  • MLC
  • OnePath
  • Zurich
  • ClearView
  • NEOS
  • Metlife
  • Encompass

What is Trauma Insurance?

Trauma insurance, otherwise known as critical illness cover, protects you if you are diagnosed with a medical condition that will have a significant impact on your life, such as cancer, coronary artery bypass surgery or stroke. Your insurer will typically pay a lump sum benefit which can be used to pay medical expenses and support you and your family while you recover.

The lump sum benefit of critical illness insurance can help:

How does critical illness insurance work?

Critical illness insurance in Australia generally pays a tax-free lump sum when you are diagnosed with one of the specified illnesses listed in your chosen insurer’s PDS. In exchange for coverage, you’ll pay a premium. The benefit amount paid depends on your level of cover and can be up to $5 million for the diagnosis of a traumatic event. However, the amount of coverage you choose must be financially justifiable.

You are eligible to purchase trauma cover between the ages of 16 and 64, depending on your insurer, and it covers you 24 hours a day, seven days a week anywhere in the world.

Each insurer differs, but most policies can cover you for a variety of illnesses.

What critical conditions are covered under trauma insurance?

Many standard trauma insurance policies in Australia are similar, however, what differs are their definitions of conditions and diseases, and the types of extra benefits you can choose to add for an additional fee.

A Plus policy covers more than the usual number of conditions and is also more expensive than a Standard policy.

Standard trauma policies cover 30 to 44 core critical illnesses including:

Plus trauma policies cover an additional 10 to 15 lesser critical conditions, including:

Do I need trauma cover?

If your family cannot financially survive if either you or your partner is diagnosed with a critical illness, then you most likely need some form of trauma cover. Many Australians struggle when someone in their family is diagnosed with a life-threatening or debilitating health condition. By taking out trauma insurance, you can help ease that financial burden.

Also, if your family has a history of certain conditions or diseases, trauma cover could help pay for living expenses and medical bills in a time of great financial need.

Your family may struggle to come to terms with the housekeeping and child caring duties, not to mention medical costs, household bills, credit card debt, and mortgage repayments.  The lump sum benefit provided from a trauma claim could help.

How much cover do I need?

Most people determine their trauma insurance need by the amount of money you would require helping you pay for medical and household expenses, as well as reduce your debts and sustain your current lifestyle. You must consider your current and future financial responsibilities, number of dependents and cost of living.

How much does critical illness insurance cost?

Trauma premiums are generally more expensive than Life Cover or TPD insurance when you take out a standalone policy. Bundling critical illness cover with your life insurance policy will generally work out cheaper. While your overall cost will depend on several factors, an insurer will usually base your standard premium rates on:

What is the average cost of trauma insurance in Australia?

$200,000 worth of cover

Gender Average Monthly Premium
Male $36.06
Female $43.10

$500,000 worth of cover

Gender Average Monthly Premium
Male $80.45
Female $95.20

$750,000 worth of cover

Gender Average Monthly Premium
Male $116.66
Female $136.41

$1,000,000 worth of cover

Gender Average Monthly Premium
Male $149.97
Female $173.74

The above average cost of critical illness insurance was calculated using’s free online comparison tool. Calculations are based on retail (advised) trauma policies for a non-smoking 35-year-old individual living in NSW, as at March 2018.

How to get a trauma insurance quote with ComparingExpert

When comparing trauma insurances quotes, it’s important to remember that there are many trauma policies available on the Australian market. However, the variety of medical conditions and illnesses covered by insurers vary, so make sure you carefully analyse the definition of each disease as outlined in your product disclosure statement (PDS) before choosing a trauma cover policy.

Start Comparing Now

How can I claim trauma insurance?

A trauma claim can generally be made after 14 days of surviving a traumatic event; however, this time frame varies from company to company. After the conditions for release are met, you are paid either a lump sum or partial payment depending on the terms and conditions outlined in your product disclosure statement (PDS), and which traumatic event you have suffered.

Take note; when calling your life insurance company to lodge a claim, your call will be recorded, and the information you provide might have an impact on your claim being approved. ComparingExpert offers full claims services to all our clients.

Latest disease and illness statistics for Australia

When considering critical illness insurance Australia wide, cancer has been one of the leading causes of death. According to the Australian Institute of Health and Welfare (2017), it was estimated that an average of 131 deaths a day was contributed to cancer. It is expected that more than half (54%) of cancer cases diagnosed in 2017 were males and 71% for those were aged 60 and over.

The estimated incidence of cancer in 2017 for Australians

In 2016 there were over 19,000 deaths in Australia caused by Ischaemic heart disease (Australian Bureau of Statistics).

Australians living with Dementia are estimated at 425,416 in 2018 → 45% males and 55% females.

10 life insurance companies offering critical illness cover in Australia

Insurance Company PolicyNumber of Traumatic Conditions Covered
TAL Accelerated Protection – Critical Illness Standard 38
BT Protection Plans – Living Insurance 20
OnePath OneCare – Trauma Comprehensive 46
MLC Insurance with On Track – CI Plus 41*
CommInsure Protection – Trauma 54
ClearView Life Solutions – Trauma 44
AIA Priority Protection Vitality – Crisis Recovery 49
Zurich Wealth Protection – Extended Trauma 54*

* if sum insured is greater than $100,000

Information gathered from (March 2018)

How to compare Trauma insurance policies

Get trauma insurance quotes online in under 60 seconds. Use our comparison service for a side-by-side review of pricing, benefits and features from some of the largest life insurance companies in Australia.

  1. Choose the policy type suited to your unique requirements.
  2. Fill in the quote form with your ideal cover amount.
  3. Compare and review trauma insurance policies online.
  4. Apply, and a specialist will give you a call to help you complete the process.
Get a Quote Now

Why compare with us?

Better-informed Decisions

Better-informed Decisions

A library of useful and up to date content to help you make important decisions with confidence.

Saving you time and money

Saving You Time & Money

A convenient, hassle-free one-stop-shop. A simplified comparison service between multiple brands.



A 100% free service. There are no hidden fees, and we check the legitimacy of every brand we list.

Frequently asked questions

  • Is trauma insurance worthwhile?

    Trauma insurance in Australia is a sensible purchase if you want protection against a severe medical condition or disease which can lead to a loss of income and place a significant financial burden on your loved ones.

    With the incidence of cancer increasing year on year and the occurrence of cardiovascular diseases preventing many families from living a full life, it is becoming increasingly important to consider trauma cover as part of your life insurance portfolio.

  • Can I get dread disease cover if I have a pre-existing condition?

    If you already suffer from a medical condition or disease, your insurer may decide to place a loading on your premiums, resulting in higher costs. If you choose to purchase any additional benefits, your premiums will also increase. However, this option may be well worth it considering that additional conditions and diseases are covered.

    If you are in doubt over which trauma policy to purchase, we can help you compare the top policies available in Australia and offer you free trauma insurance quotes.

  • Is trauma insurance tax deductible?

    No, trauma insurance premiums are not generally tax deductible according to the Australian Taxation Office (ATO) because critical illness insurance is not supposed to replace your income. The primary purpose of your trauma cover is to help you pay for expensive medical treatments and support you during your recovery.
  • Is a trauma payout taxable?

    No, the proceeds from your trauma claim are not taxable, meaning the lump-sum benefit paid from your dread disease cover is generally tax-free. However, if you had trauma cover in place through your super fund before 1 July 2014, the benefit payment may be taxed when paid out to non-dependent beneficiaries, for example, adult children or your business partner.
  • Is dread disease cover worth it?

    All trauma policies are different and whether it is worth it to you depends on your unique circumstances, general health and family history. However, if you think you might need support paying the costs not covered by your health insurance, such as rehabilitation services, lost income, and specific medications then critical illness cover might be a good choice.
  • What’s the difference between dread disease cover and disability cover?

    Before purchasing critical illness insurance, you first need to distinguish between disability insurance and dread disease insurance. Dread disease cover generally pays a tax-free lump sum if you are diagnosed with a critical illness, while TPD cover pays you a lump sum if you become totally and permanently disabled due to an illness or accident.
  • Can I take out trauma cover through my superannuation?

    No. Since 1 July 2014 super fund rules have changed, and trauma cover is no longer available for purchase through your superannuation.
  • What if I already have trauma insurance in my SMSF?

    If you already have dread disease insurance in your self-managed super fund (SMSF) before the legislative changes of 2014, then you can potentially still rely on your existing trauma cover if you’ve held your cover continuously.

Trauma Insurance Quotes

  • Protect your family
  • Easy and convenient
  • Free to use
  • Always at your service

Want to talk to a specialist? Call 1300 743 254

Other topics

Did you know we also compare Life Insurance?

Get life insurance quotes online in under 60 seconds. Compare the features and benefits from some of the largest life insurance companies in Australia.

  • Protect Your Loved Ones
  • Save Time & Money
  • Support at Every Stage
To receive great value when comparing premiums and policy features from select insurance brands, please provide us with a few details about yourself in the quote form below.
Please select your level of cover
Please select your age
Please select your gender
Please select your smoking status
Please select your state

Almost done...

We just need a few more details about you, so that we can help you find the right cover for your requirements.
Please enter your full name, ie. John Smith
Please enter a valid email
Please enter a valid mobile number

By clicking ‘Compare & Save Now’, you are accepting our Terms of Use, Privacy Policy and consenting to us contacting you about the products and services provided. Please consider the PDS before purchasing any products.

Call 1300 743 254

Thank you!

We’ll be in touch soon to ensure that we have all the information needed to create a quote specific to your unique requirements.