Recent figures released from Sovereign show that cancer continues to be the leading cause of life and trauma insurance claims.
Cancer made up 49.6% of Sovereign life insurance claims and 68.3% of trauma claims in the 12 months to 30 June 2016. with over $115 million paid out during this time frame. Sovereign is one of the largest insurers in the country with a life insurance claims team of 48 staff and has paid total claims over the past 5 years of $1.63 billion.
Life insurance claims by cause
Trauma claims by cause
We know from first-hand experience with our clients, just how life changing a cancer diagnosis can be for families. We also know how valuable a life or trauma insurance claim can be to provide protection for loved ones and reduce the financial pressure at a critical time.
Life insurance and trauma cover are very affordable options to provide financial protection for you or your family. Talk to us today about your options.
* Sovereign claims statistics as reported to the Financial Services Council.