For most serious trauma injuries, Protect Injury and Illness Insurance provides lump sum payments that are almost double the capital benefits provided by similar schemes.
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Plus, the comprehensive Protect Extra Cover provides union members with an additional capital lump sum benefit of 50 per cent if they are a financial union member at the time of their accident and when they make a claim.
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Example:
If a union member loses an arm or leg in an accident, he or she will receive the scheduled Protect capital benefit of $50,000 plus an extra $25,000.
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If you suffer an accident when you are covered by the policy and this directly results in one of the following events within 12 consecutive months, you or your nominated beneficiaries will be eligible for a lump sum payment as follows:
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Total and permanent disablement from an at-work injury*
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| | | Total and permanent disablement from an injury outside of work
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| | | Permanent paraplegia or quadriplegia
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| | | Permanent total loss of sight of one or
both eyes
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| | | Permanent total loss of the lens of both eyes
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| | | Permanent total loss of the lens of one eye
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| | | Permanent and incurable insanity
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| | | Permanent total loss of one or two limbs
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| | | Permanent total loss of hearing in both ears
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| | | Permanent total loss of hearing in one ear
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| | | Third-degree burns and/or resultant disfigurement of more than 40 per cent of the entire body
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| | | |  | | – four fingers and thumb of either hand
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| | | – four fingers of either hand
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| | | | | | | | | | | | | | | | | | Permanent total loss of use of:
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| | | – all the toes of one foot
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| | | | | | | | | | | | Fractured leg or patella with established non-union
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| | | Shortening of the leg by five (or more) centimetres
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Note: *For which a workers' compensation has been paid for 24 consecutive months.
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No serious trauma injury benefit is payable if a death benefit is also payable.
If more than one serious trauma benefit is applicable arising out of the same accident, the insurer will only pay a single lump sum benefit for one accident type. The highest applicable benefit will be paid.
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A dependant means your:
| - spouse/partner whose gross earnings are less than $16,000 per year in the 12 month period immediately preceding the event
- unmarried, financially dependent children (or your spouse/partner’s children) who live with you, up to 18 years of age (or up to 25 years of age if a full–time student at an accredited institution of higher learning).
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