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Trauma cover

A safety net to help you get back on track

What is trauma cover?

Most of us know someone who has suffered a life-changing trauma. While you may be covered for the loss of income if you’ve purchased income insurance, what about the extra costs you may face for your treatment, rehabilitation and recovery?

Trauma cover provides you with a lump sum payment if you're diagnosed with a specified medical condition, serious injury or undergo a medical procedure, as outlined in your product disclosure statement, policy document or plan rules. Trauma cover usually helps with severe heart attacks, major organ transplants, cancers or strokes, just to name a few.

In 2019, we paid $95 million in trauma claims. Below are the top conditions we paid trauma claims for.


You can find more information on claims paid to our customers in 2019 here.

Trauma can help you make adjustments to your lifestyle that you may want or need to make after suffering a trauma event, such as

  • Paying for expensive recovery costs including rehabilitation
  • Paying for lifestyle changes, eg refitting your home
  • Paying off some of your mortgage
  • Enable your partner to reduce their working hours to look after you or alternatively hire a carer.

The benefits of trauma cover

  • Extra protection to cover you for a specified serious illness or injury
  • Secure your short-term financial future
  • A flexible insurance product you can tailor to suit your individual needs

Here's what you get:

  • a lump sum payment to help with your medical costs and living expenses
  • Peace of mind knowing that you and your loved ones will be financially supported if you were to suffer a specified serious illness or injury

Example: John's recovery plan

As the manager of a large electronics retail store in Newcastle, John currently earns $100,000.

John has mortgage repayments of approximately $12,000 per year, other personal loan repayments of $5,000 per year, and investment property loan repayments of $10,000 per year.

John discusses his overall financial protection needs with a financial adviser, who recommends $200,000 in trauma insurance, in addition to any life and TPD insurance.

This amount would allow John to cover his debt payments for two years, provide a salary for a year and also contribute towards medical costs not covered by Medicare or his private health insurance such as rehabilitation costs or changes to his lifestyle.

Annual salary $100,000
Debt payments for two years $50,000
Rehabilitation/emergency tools $50,000
Total $200,000
Recommended trauma insurance $200,000


Please note this example is illustrative only. Please contact your adviser for a discussion on your specific insurance needs.

How much insurance do you need?

There are many factors that come into consideration. Our calculator can help you work out how much cover you may require.

What will it cost me?

How much you pay depends on:

  • your age
  • gender
  • smoking status
  • level of cover
  • the options you have selected
  • the premium structure you choose - learn more about stepped and level premiums

You can get an individual premium quote by contacting us on 133 731 or your financial adviser.

Important information

Any advice and information on this website is general in nature and is provided by AMP Life Limited ABN 84 079 300 379 (‘AMP Life’), which is part of the Resolution Life group. The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters.

AMP Elevate insurance is jointly issued by Equity Trustees Superannuation Limited (ETSL) ABN 50 055 641 757 (trustee) as trustee for the National Mutual Retirement Fund  and AMP Life.

AMP Limited ABN 49 079 354 519 has sold AMP Life to the Resolution Life group whilst retaining a minority economic interest. AMP Limited has no day-to-day involvement in the management of AMP Life whose products and services are not affiliated with or guaranteed by AMP Limited. AMP Limited is not liable for products issued by AMP Life or any statements or representations made in the PDS or policy documents for those products. “AMP”, “AMP Life” and any other AMP trademarks are used by AMP Life under licence from AMP Limited. AMP Life is part of the Resolution Life group and can be contacted on 133 731 or via the contact us page. If you decide to purchase or vary a financial product, AMP Life and/or other companies within the Resolution Life group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium they pay or the value of their investments. You can ask us for more details.

All information on this website is subject to change without notice.

Life Insurance Code of Practice

The Life Insurance Code of Practice is issued by the Financial Services Council (FSC) and sets out the life insurance industry’s commitment to high customer service standards, consistency and principles of conduct.

As a member of the FSC, AMP supports the Life Insurance Code of Practice. You can find more information here.