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  • Trauma Cover & Children’s Cover

    Comprehensive protection for you and your family



  • Trauma Cover


    In the event of the unexpected, you need financial security so you can focus on getting better.

    If you suffer one of the listed major health events, Avant’s Trauma Cover will provide you with the financial resources you need to make lifestyle or career adjustments to help you recover.

    Things to consider when taking out Trauma Cover

    Trauma Cover Benefits

    • Up to $2 million of Trauma Cover if you are diagnosed with or suffer one of listed major health events.
    • 25% partial benefits of up to $200,000 of Trauma Cover if you are diagnosed with or suffer from one of the listed less severe health events.
    • In the event of financial hardship, you have the option to suspend premiums for up to 6 consecutive months. During this period, you do not have to pay premiums but cannot claim for events that occur during this period of premium suspension.

    Trauma Cover Features

    • Larger cover increases, more often and without the need for medical tests. Flexibility to increase your cover by up to 25% every year for things such as starting an internship or training program, qualifying as a Fellow in your chosen specialty, becoming a partner or starting a practice, having children or taking out a mortgage.
    • Ability to claim for an unrelated trauma event, 6 months after an initial trauma claim.
    • Your full cover is reinstated six months after a claim on a linked plan for Trauma Cover or TPD Cover.
    • World wide cover – Your Trauma Cover plan will cover you 24 hours a day, anywhere in the world.

    Simple options

    • Choose the amount of Trauma Cover you need between $50,000 and up to $2 million.
    • Your choice of stepped or level premiums.
    • A range of ownership options to suit your circumstances including self-ownership, ownership. by partners of your practice, another individual, a company or trust.
    • You have the choice to link your Trauma Cover to Life or Life and TPD Cover or purchase it as standalone cover.

    Eligibility

    To be eligible for Trauma Cover, at the time of application you must be:

    • an Australian resident,
    • aged between 20 to 60, and
    • a registered medical practitioner.
  • Children’s Cover


    If your child suffers a serious illness, injury or major health event, Avant’s Children’s Cover will provide you with the financial resources to ensure you or your family can be there to care for your child, and still providing financial support for your family.

    Things to consider when taking out Children's cover

    Children’s Cover benefits

    • Up to $200,000 of Children’s Cover if your child suffers from one of the listed major health events.
    • A benefit of up to 25% of your Children’s Cover for one of the listed trauma events.
    • A benefit of up to $5,000 per month per insured child, if they are confined to a bed and you or your partner need to cease work.
    • A lump sum payment upon the death of your child or the diagnosis of a terminal illness.
    • In the event of financial hardship, you have the option to suspend premiums for up to 6 consecutive months. During this period, you do not have to pay premiums but cannot claim for events that occur during this period of premium suspension.

    Children’s Cover features

    • Cover is available to parents, grandparents and legal guardians who are doctors and own any plan in Avant’s Life Insurance product suite.
    • Available for children aged between 2 to 16, with coverage to age 21.
    • Cover 24 hours a day no matter where in the world your children are.

    Simple options

    • Choose any lump sum amount between $50,000 and $200,000 per child.
    • Option for your child to convert to Avant’s Life and/or Trauma plan once they have turned 21.

    Eligibility

    • the child, grandchild or ward of an adult insured by, or the plan owner of, another Avant Life Insurance plan, and
    • aged between 2 and 16.

  • For full terms, conditions, limitations and eligibility please refer to the Avant Life Insurance Product Disclosure Statement which is also available by calling us on 1800 128 268 or emailing us at avantlife@avant.org.au.  Alternatively, schedule an appointment with one of our advisors.

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