Child Cover pays a lump sum in the event of various trauma events, as specified in your policy, such as cancer, terminal illness and death.

We put a lot of importance on insuring our own health so that we are protected if we suffer an illness or injury which prevents us from earning an income or caring for our family, however the financial consequences of a child suffering a significant illness or injury are often overlooked. There are not only medical costs, but you’ll also incur loss of income if you need to take time out of work to care for your child.

Child Cover is offered by all of the major life insurance providers for a low cost. When you apply for cover, you choose the benefit amount you’d like.

Once your child reaches a certain age (specific age depends on the insurer), child cover can be converted to an adult policy without any further medical underwriting. This allows your children to obtain a basic Life and Trauma insurance policy.

It is important to discuss your insurance needs with a Financial Adviser. We can tailor a plan based on your unique and individual circumstances. Please feel free to contact us at Next Level Wealth. We are more than happy to assist you.

Why Us?

  • We specialise in helping you get the right advice in regards to protecting your lifestyle or business through personal risk insurances.
  • We act for all of the major life offices, therefore we are able to find the right product to suit your individual needs.
  • Our clients are people just like you, ranging from professionals and large business, to small business owners, families and individuals.
  • We also provide a financial planning service which incorporates a range of areas including wealth creation and retirement planning. We’ll provide you with advice and strategies to get you on the right track to a comfortable retirement.