Home Makers Insurance

Trauma insurance pays a lump sum on the diagnosis or occurrence of one of a list of specified injuries or illnesses such as heart attack, cancer or stroke (traumas).

It has been estimated that non-working parents spend on average around 34 hours per week on housework, shopping and caring for children*.

Yet the value of this unpaid work is often overlooked with devastating consequences when a Trauma occurs and disrupts a family's lifestyle. In those tragic circumstances where a stay-at-home parent is not insured, the surviving parent may have to deal with the financial challenges of caring for young children and performing household tasks as well as coping with the emotional burden of their loss. In some cases they may even have to quit work altogether.

Unless you are independently wealthy, the best way to protect your family's financial wellbeing in these circumstances is to adequately insure both parents, working or not for Life and Trauma insurance.

Insurance will never compensate for the loss of a loved one, or replace their role in the family, but it can help lessen the financial and emotional burden by providing the necessary capital to ensure you and your family has the resources to plan for the future.

* 'Time use survey - Australian Social Trends' Australian Bureau of Statistics 2006.