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Child Cover
What is Child Cover?
Child Cover provides you with a lump sum benefit amount generally up to a maximum of $200,000 should your child be diagnosed with a specific critical illness, diagnosed as being terminally ill, or passes away.
Why might you need Child Cover?
Most of us understand the importance of Life Cover, however what we often overlook is the potential for financial hardship should one of our children become seriously ill.
A payment under Child Cover can help with:​
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being able to take time off work so that you can be with your child.
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pay for the funding of treatments in the event of a serious illness or injury.
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help to pay for home modifications.
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pay for expenses such as travel and accommodation.
Applying for Child Cover
An application for Child Cover can only be approved in conjunction with an adult Life, TPD, Trauma or Income Protection policy.
Child Cover
Financial Support to help protect the ones you love the most.
General Advice Warning
As an Authorised Representative of OASIS Insurance Pty Ltd, Precise Mortgage is authorised to give General Advice only. We are unable to take into account any of your financial or personal information. You will need to decide on the level of cover you require, and whether the product is suitable for your objectives, financial situation or needs. If you require any further information before making your decision, please refer to the Product Disclosure Statement (PDS) ​ ASIC Authorised Representative 000299992 of Oasis Insurance Pty Ltd AFSL No: 293770 Address: 5/4 Columbia Court Norwest NSW 2153
How much cover is enough?
To help you work out how much cover you need, Moneysmart, a service provided by the Australian Securities & Investments Commission (ASIC), part of the Australian Government provides calculators and impartial guidance on steps to consider to improve your personal finances. To access this valuable service, click on the following link.