We obtained quotes from nine insurance brands to find out the average cost of trauma insurance. It's important to remember that these costs won't reflect your personal situation and will likely vary.
If you become seriously ill or are recovering from a major injury, trauma insurance can pay you a lump sum. Trauma insurance costs vary depending on a number of factors including the type of job you have, whether you smoke or not and how healthy you are.
Through our research we found that trauma insurance can cost around $20 a month.
The cost of trauma insurance depends on a few factors: your age, health, occupation, smoking status, the amount of cover you want and whether or not you want to bundle a policy with life cover.
To give you an idea of trauma insurance costs, take a look at the table below. It's based on a white-collar, 35-year-old male worker looking for $100,000 worth of cover.
| Insurer | Non-smoking (bundled with life) | Non-smoking (standalone trauma) | Smoking (bundled with life) | Smoking (standalone trauma) |
|---|---|---|---|---|
| NobleOak Trauma Insurance | $25.19 | $14.31 | $53.24 | $32.63 |
| ANZ Recover Well | No bundled cover | $28.61 | No bundled cover | $55.18 |
| TAL Recovery (Trauma) Insurance | $38.30 | $22.29 | $83.06 | $48.14 |
| Qantas trauma insurance | $46.50 | $26.48 | $100.87 | $57.19 |
| Allianz | $29.07 | $11.31 | $58.26 | $26.01 |
| Zurich Wealth Protection | $23.12 | n/a | $63.09 | n/a |
| MLC Insurance Life cover | $24.68 | n/a | $57.21 | n/a |
| AIA Priority Protection | $31.11 | n/a | $54.03 | n/a |
| OnePath | $30.42 | n/a | $54.84 | n/a |
| RAC Trauma Insurance | $24.48 | $6.74 | $53.22 | $12.77 |
*Quotes are based on a 35-year-old male, white-collar worker, taking out $100,000 cover. Quotes accurate as of May 2020.
You pay the same price as buying directly from the life insurer.
We're not owned by an insurer (unlike other comparison sites).
We've done 100+ hours of policy research to help you understand what you're comparing.
How much you'll pay for trauma insurance depends mainly on these factors:
It's likely. In many cases, pre-existing medical conditions mean you're more likely to become seriously ill. As a result, your insurance provider is likely to do one of the following:
Follow these steps and you might be able save on trauma insurance.
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