Trauma (Critical Illness) Insurance Example

Trauma (Critical Illness) insurance pays a lump sum on the diagnosis of a specified major medical condition. This can be added to a life insurance policy or taken as a separate stand alone policy. The below premiums are the indicative costs for a non-smoker in an office position holding a Trauma (Critical Illness) stand alone policy.

Age Level of cover Monthly Premium
Male Female
20 yrs $100,000 $18 $19
$200,000 $30 $28
$300,000 $40 $38
$500,000 $59 $53
30 yrs $100,000 $20 $16
$200,000 $30 $23
$300,000 $39 $30
$500,000 $58 $36
40 yrs $100,000 $32 $32
$200,000 $56 $57
$300,000 $77 $82
$500,000 $116 $124
50 yrs $100,000 $88 $66
$200,000 $169 $125
$300,000 $237 $175
$500,000 $371 $272
60 yrs $100,000 $270 $160
$200,000 $534 $311
$300,000 $773 $462
$500,000 $1232 $708